Market Snapshot | Monday, 2 November 2026

Indian markets ended higher on Friday, with the Nifty rising 0.51% to 23,053.10. However, weakness in global technology stocks and elevated crude prices may keep sentiment cautious at the start of the week. Key Market Cues Nifty 50: 23,053.10 (+0.51%) Bank Nifty: 54,686.95 (-0.41%) FII activity: Net buying of ₹3,598.54 crore DII activity: Net selling of ₹817.51 crore India VIX: 15.30 (+1.19%) Technical Levels to Watch Nifty support: 22,868 | Resistance: 23,238 Bank Nifty support: 54,249 | Resistance: 55,125 Sensex support: 73,863 | Resistance: 75,056 GIFT Nifty indicated a flat-to-cautious opening. Brent crude remained near $111, while the S&P 500 and Nasdaq ended sharply lower, adding to global uncertainty. Market View: The near-term outlook remains neutral to sideways. Sustained movement above resistance may improve momentum, while a break below support could invite selling pressure. Watch crude prices, global cues and institutional flows for direction. This post is for educational purposes only and is not investment advice.