Angel One shares surged nearly 8% today, making them the top gainer among capital market stocks, driven by hopes of long-term capital gains (LTCG) tax relief and renewed foreign investor inflows. The company also reported strong Q4 results with a 19% jump in net profit.
📈 Angel One Stock Movement (Nov 3, 2026)
Share Price Rally: Angel One rose 7–8% intraday, extending its gains to 32% in 2026 so far.
Sector Performance: The Nifty Capital Markets index climbed over 3% to a seven-week high.
Peers: Motilal Oswal (+6%), CDSL (+5.4%), CAMS (+4.6%), BSE & MCX (+2–3%).
📰 Key Drivers Behind the Rally
Tax Relief Buzz: Finance Minister Nirmala Sitharaman indicated openness to reviewing equity taxation, including LTCG tax, raising investor optimism.
Foreign Investor Buying: Renewed FII inflows after weeks of sell-offs boosted sentiment.
Broader Market Recovery: Overall bullishness in capital market-linked stocks lifted Angel One further.