Indian benchmark indices are expected to open lower on November 4, tracking weak cues from GIFT Nifty, which was trading 44 points lower at 23,714 in early trade.

In the previous session on November 3, domestic markets extended their winning streak for the fourth consecutive day, with the Nifty crossing the 23,800 mark to hit its highest level in nearly two months. The rally was supported by strong Q2 earnings and buying interest across auto, FMCG, realty and private banking stocks.

On Tuesday, the 30-share benchmark index ended at 76917.85 up by 1225.07 points or by 1.62 % and then NSE Nifty was at 23810.85 up by 370.05 points or by 1.58 %.

On the global front, Asia-Pacific markets were trading lower as traders assessed the result of the US midterm election. Democrats so far seemed to be the potential winner, which is regarded as negative in stock markets, particularly for technology shares, as greater regulatory scrutiny is expected, according to reports. Japan’s Nikkei 225 and KOSPI fell 3.03 per cent and 1.49 per cent, respectively.

Overnight, the S&P 500 and the Nasdaq Composite ended 0.37 per cent and 0.83 per cent higher, respectively. Meanwhile, the Dow Jones Industrial Average settled 0.38 per cent lower.

Back home, Top traded Volumes on NSE Nifty – HDFC Bank Ltd. 42746644.00, Reliance Industries Ltd. 42319913.00, ITC Ltd. 31526562.00, State Bank of India 27959412.00, Eternal Ltd. 20637223.00,

On NSE, total number of shares traded was 486.77 Crore and total turnover stood at Rs. 127592.36 Crore. On NSE Future and Options, total number of contracts traded in index futures was 124249 with a total turnover of Rs. 19624.68 Crore. Along with this total number of contracts traded in stock futures were 1174901 with a total turnover of Rs. 76845.43 Crore. Total numbers of contracts for index options were 390486707 with a total turnover of Rs. 59975754.34 Crore. and total numbers of contracts for stock options were 8785109 with a total turnover of Rs. 590974.23 Crore.

The FIIs on 03/11/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 16835.22 Crore and gross debt purchased stood at Rs. 275.75 Crore, while the gross equity sold stood at Rs. 13483.10 Crore and gross debt sold stood at Rs. 132.65 Crore. Therefore, the net investment of equity and debt reported were Rs. 3352.12 Crore and Rs. 143.10