Introduction – Weekly Market Update
Welcome to the Weekly Market Update November 3rd Week, where we break down everything that happened across Indian equities, sectors, industries, and major stocks. This edition highlights how the market navigated volatility triggered by global cues, profit booking, rising VIX, currency pressures, and the post-election mood after the Bihar results.
Compared to the market movements seen in the
👉 Weekly Market Update – November 2nd Week,
this week delivered a mixed yet insightful narrative driven by global macro shifts and domestic factors.
If you regularly track daily and weekly market performance, you can explore all previous editions here:
👉 All Weekly Market Updates
For traders who prefer early trend spotting, you may also like our daily pre-market outlooks:
👉 Pre-Market Newsletter Section
This Weekly Stock Market Update builds a complete picture to help you understand where momentum is building and where caution is warranted.
Indian Market Overview – Weekly Market Update November 3rd Week
The Weekly Market Update November 3rd Week reflects a cautiously positive trend as the Nifty 50 closed the week with modest gains despite heightened volatility. A late pullback on Friday reflected global uncertainty and profit booking in heavyweight sectors.
Key factors influencing the weekly performance included:
- Mixed global cues and fading hopes of near-term US rate cuts
- Domestic triggers including Bihar election outcomes
- A sharp 12% jump in India VIX, signaling elevated market nervousness
- Continued weakness in INR, hitting ₹89.41/$, as risk sentiment softened
- Midcap and smallcap underperformance vs. large-caps
Large-caps outperformed broader markets as midcaps and smallcaps saw deeper corrections amid caution.
Indian Market Index Weekly Performance
| Index | Last Price | Weekly Change | Change % |
|---|---|---|---|
| Nifty 50 | 26,068.95 | +102.45 | +0.39% |
| Sensex | 85,214.67 | +403.26 | +0.48% |
| Nifty Bank | 58,851.85 | +11.95 | +0.02% |
| Nifty IT | 36,864.65 | +534.95 | +1.47% |
| S&P BSE SmallCap | 51,992.08 | -1,461.07 | -2.73% |
The divergence between large-caps and broader markets continues — a pattern highlighted in recent market updates as well.
Sectoral Highlights – Weekly Market Update November 3rd Week
Sector performances during the Weekly Market Update November 3rd Week revealed clear leadership rotation. Defensive and selective growth-oriented sectors showed resilience, while cyclical and commodity-driven segments faced strong selling pressure.
Global demand concerns, weakened risk appetite, and pressure on metals weighed on sectoral breadth.
This Weekly Stock Market Update saw IT, consumption, and banking sectors supporting market stability, while metals, realty, and energy dragged the overall sentiment lower.
Best Performing Sectors
These sectors outperformed during the week, supported by earnings momentum, consumption resilience, and stable cash flows.
| Best Performing Sector | Weekly Change % |
|---|---|
| Diversified Consumer Services | +3.63% |
| Telecom Services | +1.98% |
| Healthcare | +0.97% |
| Oil & Gas | +0.77% |
| Hotels, Restaurants & Tourism | +0.70% |
Key Notes
- Consumer services and telecom showed strength despite market volatility.
- Healthcare remained a defensive favourite.
- Oil & gas saw mild recovery aided by stable crude sentiment.
Weakest Sectors
Cyclical sectors were the worst hit during the Weekly Market Update November 3rd Week, dragged by global demand concerns and profit booking.
| Weakest Sector | Weekly Change % |
|---|---|
| Telecommunications Equipment | -5.49% |
| Metals & Mining | -4.40% |
| Forest Materials | -4.03% |
| Realty | -3.04% |
| Transportation | -1.81% |
Key Notes
- Metals were the biggest laggards, consistent with Chinese market weakness.
- Realty cooled after weeks of sharp momentum.
- Transportation sector felt global logistics pressures.
Industry Movers – Weekly Market Update November 3rd Week
Industries showed sharper divergence compared to sectors this week. The Weekly Market Update November 3rd Week reflects strong pockets of outperformance in education, capital markets, and construction-linked industries, even as metal-related industries faced heavy selling.
This polarized movement captures the shifting risk sentiment traders have been seeing across editions of our Weekly Stock Market Update, especially as broader market volatility increases.
Top Performing Industries-Weekly Market Update November 3rd Week
Industries linked to education, construction, financial services, and specialized products were the clear outperformers.
| Top Performing Industry | Weekly Change % |
|---|---|
| Education | +18.43% |
| Construction Materials | +4.52% |
| Capital Markets | +3.36% |
| Photographic Products | +2.98% |
| Microfinance Institutions | +2.77% |
Key Insights:
- The Education industry surged due to strong earnings and investor rotation into scalable growth themes.
- Capital market companies gained as trading volumes and inflows remained strong.
- Construction materials benefitted from spending momentum and urban development pipeline visibility.
To dive deeper into sector–industry trends, you can also explore live market data on:
NSE India (https://www.nseindia.com/) and BSE India (https://www.bseindia.com/).
Worst Performing Industries- Weekly Market Update November 3rd Week
Metal-linked, telecom equipment, and logistic-related industries dragged market performance this week.
| Worst Performing Industry | Weekly Change % |
|---|---|
| Other Non-Ferrous Metals | -6.72% |
| Copper | -6.39% |
| Telecom Equipment | -6.04% |
| Transport Related Services | -5.92% |
| Plastic Products | -5.81% |
Key Insights:
- Metals faced global price weakness, especially due to China’s economic data and rising US yields.
- Telecom equipment declined as capex cycles slowed.
- Transport-related industries reflected softening global freight demand.
You can also check detailed industry breakdowns on:
Economic Times Markets (https://economictimes.indiatimes.com/)
Moneycontrol (https://www.moneycontrol.com/)
Top Weekly Gainers & Losers – Weekly Market Update November 3rd Week
The Weekly Stock Market Update saw strong stock-specific action, particularly in healthcare, airports infrastructure, power, and NBFC names. Meanwhile, power-equipment and metals companies topped the losers list.
Weekly Top Gainers– November 3rd Week
| Stock | Weekly Change % | Notes |
|---|---|---|
| Narayana Hrudayalaya | +16.52% | Strong healthcare momentum |
| Jaiprakash Power | +12.67% | Acquisition approval boosted sentiment |
| M&M Financial | +10.98% | Hit a 10-year high; insider buying supportive |
| GMR Airports | +8.76% | New expansion visibility, 10-year high |
| TBO Tek | +8.75% | Steady earnings traction |
Observations:
- Healthcare and NBFCs led the rally.
- Airport operator GMR continues long-term momentum.
- Power and tourism-related names were strong outperformers.
Weekly Top Losers– November 3rd Week
| Stock | Weekly Change % | Notes |
|---|---|---|
| HBL Power Systems | -13.87% | Heavy correction after sharp rallies |
| Gujarat Mineral | -13.87% | Commodity weakness hurt pricing outlook |
| Godawari Power | -12.65% | Profit booking + global metal weakness |
| KEC International | -11.67% | Tender exclusion impacted sentiment |
| Reliance Infra | -11.41% | Hit fresh 52-week low |
Market View:
Power equipment, metals, and infrastructure stocks faced intense selling due to macro uncertainty and company-specific triggers.
Global Market Overview – Weekly Market Update November 3rd Week
Global markets presented a mixed tone this week. US indices remained strong, driven by resilient macro data, but Asian markets slipped due to China concerns and rising global yields.
This global divergence continues to influence the Weekly Stock Market Update as Indian markets react closely to US rate expectations and global risk appetite.
| Index | Weekly Change % |
|---|---|
| Dow Jones | +1.08% |
| S&P 500 | +0.98% |
| Nasdaq | +0.88% |
| FTSE 100 | +0.13% |
| CAC 40 | +0.02% |
| DAX | -0.80% |
| Nikkei 225 | -2.40% |
| Hang Seng | -2.38% |
| Shanghai Composite | -2.45% |
Key Takeaways for India:
- US markets remain supportive — a positive for Indian IT and financials.
- Asian market weakness signals caution for commodities and metals.
- Persistent China slowdown continues to weigh on global demand outlook.
- The mixed global environment supports a stock-specific approach for Indian markets next week.
Upcoming Economic Events Next Week
The upcoming week brings several high-impact macroeconomic releases that could influence market volatility. As highlighted every week in our Weekly Stock Market Update, these data points often guide short-term sectoral and index movements.
For the Weekly Market Update November 3rd Week, the following events should be closely watched by traders and long-term investors:
Key Economic Events – Next Week
| Date | Event | Previous | Current |
|---|---|---|---|
| Friday, November 28 – 16:00 | Government Budget Value | — | -5,731 B INR |
| Friday, November 28 – 16:00 | Industrial Production YoY | 4% | 4.8% |
| Friday, November 28 – 16:00 | Manufacturing Production YoY | — | — |
| Friday, November 28 – 17:00 | Bank Loan Growth YoY | 11.3% | — |
| Friday, November 28 – 17:00 | Deposit Growth YoY | 9.7% | — |
| Friday, November 28 – 17:00 | Forex Reserves | — | $692.58B |
| Friday, November 28 – 17:30 | GDP Growth Rate YoY | 7.8% | — |
Market Note:
These indicators will set the tone for the month-end expiry as well as December’s sentiment, especially GDP numbers and loan growth data.
Conclusion – Weekly Market Update November 3rd Week
The Weekly Market Update November 3rd Week wrapped up with a cautiously optimistic tone as large-caps held steady while broader markets corrected sharply. Global volatility, a spike in India VIX, currency weakness, and sector rotation were the main themes throughout the week.
The Weekly Stock Market Update shows clear divergences:
- IT, banking, and consumption sectors performed well
- Metals, realty, and telecom equipment dragged broader markets
- Stock-specific action remained strong in healthcare, airports, and NBFCs
For a broader historical perspective, you may revisit the
👉 November 2nd Week Market Update
To stay updated each day, traders can also follow
👉 Our Daily Pre-Market Newsletters
As December approaches, investors should maintain a selective stock-picking strategy, monitor global market cues, and track domestic macro data closely.
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References
- NSE India — for benchmark index data & FPI flows.
- BSE India — for corporate results and announcements.
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