Nifty 50
- Reliance Industries₹1,300135.10 (11.60%)
- Infosys₹1,161-24.00 (-2.03%)
- Tata Steel₹177.379.77 (5.83%)
- ICICI Bank₹1,387.40-10.60 (-0.76%)
- JSW Steel₹1,309.9063.90 (5.13%)
- Dr. Reddy's Labs₹1,342-10.00 (-0.74%)
- Coal India₹40819.00 (4.88%)
- Kotak Mahindra Bank₹458.35-3.25 (-0.70%)
- Shriram Finance₹863.3540.20 (4.88%)
- Axis Bank₹1,209-8.00 (-0.66%)
- Jio Financial ₹213.258.75 (4.28%)
- BSE₹3,490-20.40 (-0.58%)
- ONGC₹234.839.44 (4.19%)
- HDFC Life Insurance ₹522.25-2.65 (-0.50%)
- UltraTech Cement₹11,387342.00 (3.10%)
- Sun Pharmaceutical₹1,770-7.70 (-0.43%)
- Hindalco Industries₹911.4026.70 (3.02%)
- Tech Mahindra₹1,786.90-3.90 (-0.22%)
- Max Healthcare₹884.7524.75 (2.88%)
- Bajaj Auto₹10,339-11.00 (-0.11%)
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Daily Market Quote: 02 November 2026
Authored By Prime Research | Published at: Nov 2, 2026 04:18 PM IST
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The market witnessed massive rally on the back of positive news on LTGT and weakness in International Crude oil prices and Nifty closed the day with hefty gains of 387 points with sharp uptick during CAS.
A long bull candle was formed on the daily chart with gap up opening and the opening upside gap remains unfilled. Technically, this market action indicates a decisive breakout of immediate resistance of 23200 levels. Present market action indicates upside breakout of larger consolidation pattern on the weekly chart as well. This is positive indication.
The underlying trend of Nifty is sharply positive. The next overhead resistance to be watched around 23600. A sustainable move above this hurdle could open more upside towards 24000 in a quick period of time. Immediate support is placed at 23200.
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