Daily market report

Tuesday, 3 November 2026

Uptrend try (day 2) · breadth improving · Textile - Fabric & Processing leading · 1 industry turned Strong

1

Market direction

Nifty MidSmall 400 vs its 10 & 20 EMA

🟡 Uptrend Try

Day 2

Price is back above the 10 EMA, but the 10 EMA is still under the 20 EMA — moderate size, controlled risk until it confirms.

Index

19,908

10 EMA

19,760

20 EMA

19,861

Last 30 sessions

🟠

Market mood

Caution35/100

BearishCautionNeutralBullishEuphoria

Nifty 50

+1.58%

Nifty 500 (Broad)

+0.79%

2

Market breadth

Advancers vs decliners

Advancing

1207

Declining

927

A/D Ratio

1.30

Unchanged

60

New 52W highs

33

vs

New 52W lows

41

New highs and lows are roughly balanced.

▲ Top 5 gainers

FCSSOFTIT Services+19.53%
IZMOIT Services+16.64%
TAALTECHIT Services+15.38%
KITEXConsumer Products+15.08%
NELCASTCastings & Forgings+14.18%

▼ Top 5 losers

DEEPINDSOil & Gas-10.56%
KECEPC & Engineering Services-9.36%
GNFCBasic Chemicals-8.99%
BIRLANUCement-8.73%
MOILMining & Metals-8.50%

Biggest % moves of the day across the N.E.X.T universe. Market data, not recommendations.

% stocks above key EMAs · vs last session

EMA 20

40%

▲ 8.2 pts

EMA 50

28%

▲ 4.9 pts

EMA 200

35%

▲ 3.4 pts

% above the 50 EMA, last 20 sessions — breadth improving

3

Industries

Weak Industries

46

of 66

🔄 Changes since the last session

▲ Turned Strong (1)

Defence

▼ Dropped from Strong (0)

No industry dropped from Strong today.

🚀 Top 5 Industries and N.E.X.T Verdictby % change

Textile - Fabric & ProcessingWeak+2.12%
Personal CareWeak+2.09%
Building MaterialsWeak+1.74%
Food Processing+1.54%
Paints & Coatings+1.52%

📉 Top 5 Worst Industries and N.E.X.T Verdictby % change

Basic ChemicalsWeak-1.65%
ShippingWeak-0.87%
Power & UtilitiesWeak-0.84%
Banks - PSU-0.64%
IT Hardware-0.63%

The full N.E.X.T Momentum rating for every industry, with rank trends and the momentum cycle, is inside N.E.X.T.

4

The 3 NEXT scans

Today: fewer Follow Through Swing candidates than usual; fewer 20 EMA Base candidates than usual. The stock lists, with pivots and levels drawn, are inside N.E.X.T. Counts are screening outputs, not recommendations.

📖 Learn for today’s market

The top-down approach — read the market first →

An attempted turn is when market direction matters most.

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