Daily Market Update - 05th November 2026 by Ventura Securities Ltd
Market Outlook: Indian markets are likely to open on a negative note, with Gift Nifty declining 60.5 points (-0.25%) despite strong overnight global cues. The S&P 500 gained 1.58%, Dow Jones surged 3.03% and Nasdaq 100 rose 0.91%. Nifty 50 closed 0.63% higher at 23,960.60 on 4 November, with breadth remaining strongly positive at 2,720 advances against 883 declines on NSE. Nifty has moved close to the 24,000 mark, with immediate support at 23,784 and 23,608, while resistance is placed at 24,048 and 24,136.
FII & DII Activity: Foreign investors remained strong buyers on 4 November, recording net buying of rs 7,284 crore, while DIIs were net sellers of rs 3,712 crore. FII buying has accelerated sharply, with cumulative foreign buying reaching approximately rs 17,236 crore during the first three sessions of November. The sustained FII inflows, alongside easing crude prices and lower bond yields, continue to support the market recovery.
Sector Activity: Sectoral performance was broadly positive, led by Media, Realty and Metals. Nifty Media gained 5.15%, driven by Saregama (+14.46%), Zee Entertainment (+10.60%), Prime Focus (+6.29%) and Nazara (+5.70%). Realty rose 2.85%, while Metals gained 2.80%, led by Hindustan Copper, Vedanta Aluminium, Hindustan Zinc and Adani Enterprises. Consumer Durables, Energy and FMCG also gained, while IT declined 1.50%, dragged by Mphasis, TCS, HCL Technologies and Wipro.
F&O Activity: Fresh long build-up was witnessed in CUB, Karur Vysya Bank, Syrma SGS, Sagility and Hindustan Zinc, indicating positive price and open-interest action. Fresh short build-up was seen in Zydus Lifesciences, Solar Industries, TCS, NHPC and Motherson. Long unwinding emerged in MCX, Mphasis, BSE, HCL Technologies and Coal India, while short covering was visible in Muthoot Finance, Jubilant FoodWorks, BHEL, Power India and Inox Wind.
Top 5 News:
BHEL: BHEL secured four thermal-power project contracts from Adani Power, each valued at Rs 5,000–7,000 crore. The combined value is estimated at Rs 20,000–28,000 crore, covering 6,400 MW of capacity, with BHEL supplying boilers, turbines, generators and associated equipment and services.
Apollo Hospitals: Q2 FY27 consolidated revenue increased 23% YoY to Rs 7,615 crore, while PAT rose 32% to Rs 630 crore. EBITDA increased 29% to Rs 1,191 crore, with margin improving to 15.6%. Inpatient volumes grew 14% and occupancy improved to 73%, while Apollo plans to add around 5,800 beds over five years.
Exide Industries: Exide commissioned its 6 GWh lithium-ion cell gigafactory in Bengaluru and invested rs 550 crore in Exide Energy Solutions between April and October. Q2 FY27 revenue grew 20.3% YoY to Rs 5,026 crore, while PAT rose 75% to Rs 386 crore and EBITDA increased 53.6% to Rs 606 crore.
NALCO: NALCO is progressing with its Rs 30,000 crore Anugul smelter expansion, which will add 0.5 MTPA and nearly double aluminium capacity to around 1 MTPA. Commissioning is targeted for FY31, alongside plans for a 1,080 MW captive thermal plant and evaluation of 200–250 MW renewable power.
HEG Advanced Materials: HEG approved rs 1,606 crore of additional anode capacity, adding 24,000 tonnes annually and taking planned total capacity to 44,000 tonnes. It also approved a Rs 475 crore crucible manufacturing project and a rs 500 crore graphene project, strengthening its advanced-materials portfolio.
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