Indian Market Morning Update – What to Expect Today [2026-11-03]
🌎 Global Markets Overview
US Markets
The US markets faced a slight downturn overnight:
- Dow Jones Futures: 51,859.91 (-0.24%) (Source)
- S&P 500: 7,541.68 (-0.51%) (Source)
- Nasdaq: 25,164.32 (-1.07%) (Source)
Asian Markets
In Asian markets, we observed mixed performance:
- GIFT Nifty: 23,527.50 (+0.53%) (Source)
- Nikkei 225: 63,081.86 (-0.33%) (Source)
- Hang Seng: 23,470.00 (+0.33%) (Source)
- Shanghai Composite: 3,617.69 (-0.56%) (Source)
Commodities
Here’s how key commodities are performing:
- Brent Crude: $104.64 (-0.13%) (Source)
- WTI Crude: $96.51 (+0.05%) (Source)
- Gold: $3,945.53 (-0.04%) (Source)
Dollar Index (DXY)
The Dollar Index is also seeing slight fluctuations:
- DXY: 101.719 (-0.16%) (Source)
FII/DII Activity
Investors are keeping a close eye on the following activities:
📈 Stocks to Watch Today
Reliance Industries (RELIANCE)
Stock surged by 11.6% following strong Q2 earnings.
Read more.
Why Momentum? Positive earnings surprise leading to significant institutional buying.
Lupin (LUPIN)
Increased focus on recent drug approvals amid Q2 earnings.
Read more.
Why Momentum? Anticipation of new revenue streams from recent drug launches.
ITC Limited (ITC)
Reported a decline in consolidated net profit but revenue growth.
Read more.
Why Momentum? Diversification efforts expected to stabilize earnings.
Marico (MARICO)
Significant rise in net profit and expanding EBITDA margins.
Read more.
Why Momentum? Strong brand performance and market share growth.
These are not buy/sell recommendations — just stocks with fresh news that may see activity today.
What to Watch Today
With the markets opening soon, today is looking interesting with various global cues affecting our local market sentiment. The downward movement in US indices may cause some cautious trading at the start. However, the GIFT Nifty showing gains suggests some local optimism. Always keep an eye on economic data and geopolitical news as these could impact market direction. And of course, follow those stocks you’ve got your eye on as earnings season continues!
Happy trading, and remember to stay informed while making your decisions!
⚠️ Disclaimer: This post is for informational purposes only and is compiled from publicly available online sources (links provided above). This is NOT trading or investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions. Marketoids.com is not responsible for any financial decisions made based on this content.