Nifty 50 ends 1.68% higher at 23,440.80 as Reliance jumps 11.6%
The Nifty 50 closed at 23,440.80 on 2 November 2026, up 387.70 points or 1.68%, at its day's high. On NSE, 1,956 stocks advanced, 738 declined and 20 were unchanged.
Key points
- The Nifty 50 closed at 23,440.80 on 2 November 2026, up 387.70 points or 1.68%, at the day's high.
- Breadth was strong, with 1,956 NSE stocks advancing against 738 declines, while India VIX rose 1.29% to 15.50.
- Nifty Oil & Gas was the best sector, up 5.95%, while Nifty Media was the weakest, down 0.76%.
The Nifty 50 closed at 23,440.80 on Monday, 2 November 2026, up 387.70 points or 1.68%, and finished the session at its high for the day. Buyers had the upper hand across the market: 1,956 NSE stocks in the EQ series advanced, 738 declined and 20 were unchanged.
Market Close
| Index | Close | Change | % Change | Day's range (low to high) |
|---|---|---|---|---|
| Nifty 50 | 23,440.80 | +387.70 | +1.68% | 23,207.05 to 23,440.80 |
| Nifty Bank | 55,002.20 | +315.25 | +0.58% | 54,582.00 to 55,046.35 |
| NIFTY Midcap 100 | 57,983.40 | +682.15 | +1.19% | 57,469.75 to 58,097.90 |
| NIFTY Smallcap 100 | 18,595.30 | +131.70 | +0.71% | 18,381.65 to 18,643.25 |
| India VIX | 15.50 | +0.20 | +1.29% | 14.5475 to 15.9225 |
Large caps led the day. The Nifty 50's 1.68% rise outpaced the NIFTY Midcap 100's 1.19% and was well over double the NIFTY Smallcap 100's 0.71%. Banks lagged, with the Nifty Bank up only 0.58% to 55,002.20. India VIX, the market's gauge of expected volatility, rose 1.29% to 15.50 even as prices climbed, after trading between 14.5475 and 15.9225.
Gainers and Losers
Reliance Industries dominated the session, jumping 11.6% and topping both the Nifty 50 gainers and the turnover table.
Top five Nifty 50 gainers
| Stock | Previous close (Rs) | Close (Rs) | % change |
|---|---|---|---|
| RELIANCE | 1,164.90 | 1,300.00 | +11.60% |
| TATASTEEL | 167.60 | 177.37 | +5.83% |
| JSWSTEEL | 1,246.00 | 1,309.90 | +5.13% |
| COALINDIA | 389.00 | 408.00 | +4.88% |
| SHRIRAMFIN | 823.15 | 863.35 | +4.88% |
Top five Nifty 50 losers
| Stock | Previous close (Rs) | Close (Rs) | % change |
|---|---|---|---|
| INFY | 1,185.00 | 1,161.00 | -2.03% |
| ICICIBANK | 1,398.00 | 1,387.40 | -0.76% |
| DRREDDY | 1,352.00 | 1,342.00 | -0.74% |
| KOTAKBANK | 461.60 | 458.35 | -0.70% |
| AXISBANK | 1,217.00 | 1,209.00 | -0.66% |
The five most-traded stocks by turnover were RELIANCE (Rs 11,003.52 crore), DIXON (Rs 1,980.17 crore, up 11.99% to Rs 12,319), JPL (Rs 1,924.76 crore, down 0.74%), INFY (Rs 1,508.20 crore) and HDFCBANK (Rs 1,490.56 crore, up 1.04% to Rs 700).
Sectors and Breadth
Nifty Oil & Gas led the sector table with a 5.95% gain. The best three sector indices were:
- Nifty Oil & Gas: +5.95% to 10,916.30
- Nifty Metal: +3.21% to 12,162.70
- Nifty Consumer Durables: +2.70% to 35,457.40
Only a handful of sector indices fell, the deepest decline being 0.76%. The weakest three were:
- Nifty Media: -0.76% to 1,618.90
- Nifty IT: -0.50% to 32,442.50
- Nifty Private Bank: -0.14% to 27,015.90
Across all NSE stocks in the EQ series, 1,956 advanced against 738 declines, with 20 unchanged. That is roughly 2.65 stocks rising for every one that fell, a broad-based advance that matched the gains in the headline indices.
Beyond the Nifty
The largest volume shockers, measured as shares traded against each stock's own 20-session average, were ITI (103.2 times its average, up 20% to Rs 259.14), Mold-Tek Packaging (70.2 times, up 7.2% to Rs 292.50) and Go Fashion (India) (69 times, up 0.17% to Rs 243.02).
The leading delivery spikes were KRN Heat Exchanger and Refrigeration, where 100% of traded shares were delivered against 52.1% over the previous 20 sessions (the stock fell 4.99%); Gallantt Ispat, at 51.9% against 5.8% (down 7.47%); and Godrej Industries, at 73.3% against 27.2% (up 2.85%).
In all, 35 NSE stocks closed at a 52-week closing high, 11 of them from the Nifty 500, while 52 closed at a 52-week closing low, seven of them from the Nifty 500.
NSE recorded 87 bulk deals and no block deals. The largest by value was a bulk purchase of 8,06,167 shares of EAAA India Alternatives (EDELALTS) by HDFC MUTUAL FUND at Rs 1,679.75 a share, worth Rs 135.42 crore.
See every figure for the day on Oquilia's Market Pulse.
FAQ
Where did the Nifty 50 close today?
The Nifty 50 closed at 23,440.80 on 2 November 2026, up 387.70 points or 1.68%. It traded between 23,207.05 and 23,440.80, closing at the day's high.
How many stocks rose on the NSE today?
Of NSE stocks in the EQ series, 1,956 advanced, 738 declined and 20 were unchanged.
Which sector fell the most today?
The Nifty Media index was the weakest sector, down 0.76% to 1,618.90, followed by the Nifty IT index, down 0.50%, and the Nifty Private Bank index, down 0.14%.
Where do these figures come from?
Every figure is taken from the National Stock Exchange of India's end-of-day files: the index closing values, the equity bhavcopy and the Nifty 50 constituent list, along with NSE's bulk and block deal files.
Figures are from NSE's end-of-day files for 2 November 2026. This report is for information only and is not investment advice.
Sources & Citations
- NSE index closing values, 2 November 2026 — National Stock Exchange of India
- NSE equity bhavcopy, 2 November 2026 — National Stock Exchange of India