Muted Start for Nifty in November; PSU Bank Index Surges Over 2%

Nifty started November 2025 on a muted note, slipping to its lowest level since October 20 before rebounding by 11 AM on Monday, November 3. The broader Nifty 50 index recovered and traded slightly in the green. Among sectoral indices, Nifty PSU Bank led the gains, surging over 2% in morning trade, reflecting strong buying interest in public sector stocks. On the other hand, Nifty Consumption was the top loser, declining around 0.5%. Within the Nifty 50, Shriram Finance (

) emerged as the top gainer, rising nearly 5% in morning trade amid positive investor sentiment.