Quote on Daily Market 3rd November 2026 by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital
Below the Quote on Daily Market 3rd November 2026 by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital
“Indian equity markets continued their recovery, with the Sensex gaining around 1.2% and the Nifty rising around 1.1%. The rally reflects improving earnings sentiment, FII inflows and easing global crude prices. However, Brent crude remained elevated at around $105–107 per barrel, while domestic crude futures witnessed gains. The rupee strengthened to around Rs 94.8 against the US dollar. Gold and silver remained under pressure, declining around 1.2% and 3.3%, respectively, in domestic futures. Going forward, sustained FII participation, geopolitical developments, currency movements and corporate earnings will be critical market drivers. Investors should remain selective, maintain a disciplined approach and focus on fundamentally strong businesses.”
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