Date: November 4, 2025
Author: Riddhi Siddhi Share Brokers Research Desk
📈 Market Overview
After a choppy and range-bound trading session, the Indian markets ended Monday on a positive note as Bulls made a cautious comeback. The Nifty 50 managed to close in the green, breaking a two-day losing streak, supported by selective buying in Realty, PSU Banks, and Pharma stocks.
- Nifty 50: ▲ +41 points | 25,763
- Sensex: ▲ +40 points | 83,978
- Bank Nifty: ▲ +325 points | 58,101
Despite resistance from the Bears, the Riddhi Siddhi Share Brokers Research Desk notes that market undertone remains cautiously optimistic. The late recovery from intraday lows indicates that Bulls are still actively defending key support zones — keeping overall sentiment afloat.
💬 Market Sentiment & Key Takeaways
“The sentiment remains fragile, but Bulls are refusing to back down. A decisive close above 26,107 would confirm renewed bullish momentum,”
— Riddhi Siddhi Share Brokers Research Team
For Tuesday’s trade, 25,927 will be the critical hurdle to watch. The Nifty continues to remain range-bound, with strength confirmation only beyond 26,107.
📊 Key Market Indicators
| Indicator | Latest Reading | Remarks |
|---|---|---|
| Advance–Decline Ratio | 29 : 19 | In favour of Bulls |
| India VIX | 12.66 (+4.20%) | Slight rise in volatility |
| Nifty PCR (4 Nov) | 0.66 | Cautious tone |
| Nifty PCR (25 Nov) | 1.12 | Moderate support building |
| USD/INR Futures (Nov) | +0.04% at 88.86 | Stable currency movement |
🏦 Sectoral Performance
Top Performing Sectors:
- 🏘️ Nifty Realty: +2.23%
- 🏛️ Nifty PSU Bank: +1.92%
- 💊 Nifty Pharma: +1.20%
Lagging Sectors:
- 📺 Nifty Consumer Durables: −0.29%
- 💻 Nifty IT: −0.17%
- 🧴 Nifty FMCG: −0.10%
The market saw broad-based participation, with Midcap (+1.03%) and Smallcap (+0.72%) indices posting healthy gains — showing resilience beyond the headline indices.
🧭 Technical View — Nifty Outlook
The Nifty continues to trade above all key moving averages:
| Moving Average | Level |
|---|---|
| 21 DMA | 25,539 |
| 50 DMA | 25,169 |
| 100 DMA | 25,092 |
| 200 DMA | 24,341 |
Trend: Neutral
Support: 25,551 / 25,351
Resistance: 25,878 / 26,107
Expected Range: 25,622 – 25,822
🌟 Stocks in Spotlight
1. Vodafone Idea (+9.74%)
Hit the upper circuit after Supreme Court clarification allowing the government to consider relief on AGR dues and reassessment.
2. Wockhardt (+8.48%)
Jumped as the pharma major reported a Q2 net profit of ₹78 crore versus a loss of ₹22 crore YoY.
3. Patanjali Foods (−4.55%)
Despite record quarterly profit of ₹517 crore (↑67.4% YoY), the stock slipped slightly on margin contraction concerns.
4. JK Cement (−5.06%)
Q2 PAT halved QoQ to ₹161 crore; revenue dipped nearly 10%, though margins improved to 15.1%.
5. Medplus Health Services (+6.84%)
Soared after posting 43.3% YoY profit growth to ₹55.5 crore; revenue rose 6.5% YoY.
6. Bank of Baroda (+4.67%)
Climbed despite an 8.2% drop in profit — investors viewed the overall performance as stable.
7. R R Kabel (−1.78%)
Fell after early strength, despite doubling profits YoY to ₹116 crore.
🐂 Riddhi Siddhi Bulls of the Day
| Stock | % Gain |
|---|---|
| SHRIRAMFIN | +6.18% |
| TATACONSUM | +2.62% |
| APOLLOHOSP | +2.00% |
| M&M | +1.89% |
| TMPV | +1.80% |
🐻 Riddhi Siddhi Bears of the Day
| Stock | % Loss |
|---|---|
| MARUTI | −3.41% |
| ITC | −1.51% |
| TCS | −1.26% |
| L&T | −1.24% |
| JSWSTEEL | −0.92% |
📈 Stocks to Watch
Short-Term Bullish:
- DABUR
- FEDERAL BANK
- SBI
Long-Term Bullish:
- BEL
- CHOLAFIN
- DEEP INDUSTRIES
Bearish Watchlist:
- MARUTI
- ADANI GREEN
- TCS
Stocks to Avoid for Now:
- HAL
- DMART
- CAMS
💡 Riddhi Siddhi Research View
After a modest rebound, the next major test for Bulls lies at the 26,107 resistance zone. A decisive breakout above this level could open doors to fresh upside momentum. Until then, traders are advised to stay nimble, book partial profits, and avoid aggressive long positions without confirmation.
🤝 About Riddhi Siddhi Share Brokers
Founded in 1995, Riddhi Siddhi Share Brokers has been one of India’s most trusted brokerage and research firms — helping investors navigate market volatility with confidence and clarity.
Our in-house research team provides daily insights, market trends, and actionable strategies to help you make informed trading decisions.
⚖️ Disclaimer
This market update is prepared by Riddhi Siddhi Share Brokers for educational, informational, and research purposes only. It does not constitute investment advice.
Market investments are subject to risks, and past performance does not guarantee future results. Investors are advised to consult their SEBI-registered financial advisors before making investment decisions.