Indian benchmark indices are likely to open on a strong note on November 3, tracking positive global cues and gains in GIFT Nifty, which was trading 154 points higher at 23,551.50 in early trade.

The domestic markets extended their winning streak for the third consecutive session on November 2, with the Nifty crossing the 23,300 mark, supported by strong buying in heavyweight stocks, particularly Reliance Industries. RIL surged around 11.5% following its strong Q2 earnings, lending significant support to the benchmark indices.

On Monday, the 30-share benchmark index ended at 75692.78 up by 1233.25 points or by 1.66 % and then NSE Nifty was at 23440.8 up by 387.7 points or by 1.68 %.

On the global front, Asia-Pacific markets were trading lower as investors continued to pull money out of technology shares amid concerns about heavy capex spending in AI. Japan’s Nikkei 225 and KOSPI fell 0.33 per cent and 2.4 per cent, respectively.

Overnight, the S&P 500 and the Nasdaq Composite ended 0.5 per cent and 1.07 per cent, respectively. Meanwhile, the Dow Jones Industrial Average settled 0.42 per cent higher. Back home, Top traded Volumes on NSE Nifty – Reliance Industries Ltd. 88121121.00, Tata Steel Ltd. 29908885.00, HDFC Bank Ltd. 21480587.00, Kotak Mahindra Bank Ltd. 21126880.00, Eternal Ltd. 19042948.00, On NSE, total number of shares traded was 516.15 Crore and total turnover stood at Rs. 116327.99 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 90224 with a total turnover of Rs. 14020.07 Crore. Along with this total number of contracts traded in stock futures were 1156558 with a total turnover of Rs. 72752.53 Crore. Total numbers of contracts for index options were 190008714 with a total turnover of Rs. 28719344.26 Crore. and total numbers of contracts for stock options were 8533613 with a total turnover of Rs. 549449.37 Crore.

The FIIs on 02/11/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 21472.92 Crore and gross debt purchased stood at Rs. 585.95 Crore, while the gross equity sold stood at Rs. 17015.12 Crore and gross debt sold stood at Rs. 1134.28 Crore. Therefore, the net investment of equity and debt reported were Rs. 4457.80 Crore and Rs. -548.33