The Nifty ended 41 points higher, while the Sensex was up by 40 points.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities:
Mumbai, November 3, 2025: Today, the benchmark indices witnessed range-bound activity. The Nifty ended 41 points higher, while the Sensex was up by 40 points. Among sectors, the Reality index outperformed today, rallied 2.40 percent, whereas intraday profit booking was seen in selective auto and IT stocks at higher levels. Technically, after a correction, the market has formed an intraday reversal pattern. Additionally, on daily charts, it has formed a small bullish candle, which is largely positive.
For day traders, 25700/83700 and 25650/ 83500 would act as key support zones. As long as the market trades above these levels, a pullback formation is likely to continue, with the index potentially moving up to 25875/84300. Further upside may also persist, which could lift the index to 26000/84700. On the flip side, below 25650/83500, the uptrend would become vulnerable. If the market falls below this level, the chances of hitting 25550/83200 would increase.
