Sensex, Nifty Slip as IT Drags; Smallcaps Shine, Volatility Up | 3 November 2025, 9:15 AM IST
Markets started November 3 in the red as Sensex and Nifty fell, dragged lower by IT and midcap earnings disappointments. Smallcaps outperformed and volatility spiked, with India VIX up 4.5%. Earnings releases from top banking, auto, and consumer stocks will drive action
Indian equities opened lower on November 3 with Sensex dropping 259.99 points to 83,678.72 and Nifty 50 declining 60.05 points to 25,662.05. IT and midcap indices led the losses as Q2 earnings season sees mixed results, while smallcaps gained on selective buying and retail interest. Volatility surged with India VIX rising 4.5%, reflecting heightened caution ahead of results from major banking, auto, and consumer stocks such as Bharti Airtel , Titan , Tata Consumer , and Bank of Baroda .
Snapshot – 9:16 AM IST, 3 November 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 83,678.72 | -259.99 | -0.31 |
| NIFTY 50 | 25,662.05 | -60.05 | -0.23 |
| NIFTY BANK | 57,797.20 | 20.85 | 0.04 |
| NIFTY IT | 35,560.60 | -151.75 | -0.42 |
| India VIX | 12.70 | 0.55 | 4.53 |
| NIFTY Midcap 100 | 59,832.10 | 6.20 | 0.01 |
| NIFTY Smallcap 100 | 18,473.45 | 92.65 | 0.50 |
Latest News & Trends
- IT sector declines amid muted results, dragging benchmarks, while Bank Nifty stays positive as PSU banks remain the bright spot.
- Auto, banking, and consumer stocks in focus this week for Q2 earnings and post-festive performance—watch Bharti Airtel , Titan , Tata Consumer.
- Smallcaps rally on increased retail participation, even as midcaps stay mixed.
- Volatility rises as India VIX climbs above 12.5 with global cues still uncertain.
- Asian markets support sentiment, US indices extended gains; India track mixed cues as bulls defend key support zones.
Predictions & Watch Outs
- Nifty’s key support at 25,600; resistance at 25,800–25,900; monitor sector rotation and react to earnings flow.
- Smallcaps, banks favored short-term, but risk management critical as volatility stays high.
- Trade strategy: Use dips to accumulate sector leaders, keep stops tight on IT, midcaps until results clarity emerges.
