Daily market briefing — 2 Nov 2026
Leadership was concentrated in Nifty Oil & Gas (+5.95%), Nifty Energy (+3.92%) and Nifty Infra (+3.70%), while FII provisional cash flow of ₹+3,115 cr and FPI equity cash flow of ₹+4,319 cr reinforced the positive tone. DII cash flow was ₹-392 cr, and Nifty IT (-0.50%) and Nifty Media (-0.76%) lagged.
Today's brief● AI
What actually happened, in two paragraphs.
The Indian market closed higher across major benchmarks, led by Nifty Oil & Gas, Nifty Energy and Nifty Infra.
Provisional FII cash flow was ₹+3,115 cr and FPI equity cash flow was ₹+4,319 cr, against DII cash flow of ₹-392 cr. Technology and media were the main sector laggards, while the session following the Indian close was mixed across global equities.
India VIX was +1.31%, DII cash flow was ₹-392 cr, and Nifty IT and Nifty Media closed lower. The session following the Indian close showed weakness in Nasdaq (-1.07%) and large declines in WTI crude (-7.36%) and Brent crude (-10.94%). Company-specific developments include VMSTMT's temporary manufacturing-facility suspension and FRACTAL's cessation of senior management.
Indian indices
Where the session closed — headline benchmarks with the day's range, then the broader market.
Sector heatmap
Every Nifty sector index, best to worst — where the rotation went.
Nifty Oil & Gas led at +5.95%, ahead of Nifty Commodities (+4.01%), Nifty Energy (+3.92%), Nifty Infra (+3.70%) and Nifty Metal (+3.21%). Nifty Consumer Durables (+2.70%), Nifty PSE (+2.34%) and Nifty PSU Bank (+1.36%) also advanced. Nifty Media (-0.76%), Nifty IT (-0.50%), Nifty Pvt Bank (-0.14%) and Nifty Pharma (-0.07%) closed lower.
Flows & breadth
Who was buying — and how much of the market joined the move.
Provisional FII cash flow was ₹+3,115 cr, while provisional DII cash flow was ₹-392 cr. FPI equity cash flow through NSDL was ₹+4,319 cr and FPI debt flow was ₹-548 cr. For the month to date, FII was ₹+3,115 cr, DII ₹-392 cr and FPI equity cash ₹+4,319 cr.
The advance/decline ratio was 2.15, indicating broad participation.
Movers
The day's biggest gainers, losers, and the most traded names (NSE).
Announcements & what's next
The filings that mattered today, and the results calendar for the week ahead.
Global cues
World markets, the rupee, and commodities around the Indian close.
Before the Indian close, Nikkei 225 closed -0.33% and Hang Seng +0.42%. In the session following the Indian close, S&P 500 closed -0.51%, Nasdaq -1.07% and Dow Jones +0.41%; DAX closed +0.63% and FTSE 100 +0.29%. Following the Indian close, USD/INR was -0.26%, EUR/INR -0.48% and GBP/INR -0.40%. Gold closed +1.81% and silver +3.31%, while WTI crude closed -7.36% and Brent crude -10.94%.
Tomorrow's watchlist● AI
Levels, events and flows to keep an eye on next session.
The positive domestic tone is underpinned by broad participation, strong FII and FPI equity cash flows and leadership in energy and infrastructure. Financial results are scheduled for ABINFRA, AGVENTURES, AIAENG and ASKAUTOLTD in the next session; ASKAUTOLTD also has other business matters on its agenda. GRSE's contract signing is another notable development. The mixed post-Indian-close global finish, softer technology shares and large crude moves are the main variables to monitor.
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Score, flows, movers and the filings that mattered — after the close, free.