The benchmark indices ended higher for the fifth day, tracking sharp gains in FMCG, realty, and metal shares.
At the closing bell, the BSE Sensex closed 383 points higher.
Meanwhile, the NSE Nifty closed 149 points higher.
GMDC, Emcure Pharma and Zee Entertainment among the top gainers today.
MTAR Technologies, ITI and MCX on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,949 trading 0.8% up at the time of writing.
The BSE 150 Midcap index ended 1.6% higher and the BSE 250 Smallcap index ended 2.1% lower.
Sectoral indices were trading mixed today with stocks in power sector and metal sector were among the sectors witnessing most buying. Meanwhile stocks in IT sector and focused IT witnessed selling pressure.
The rupee is trading at 94.63 against the US$.
Gold prices for the latest contract on MCX are trading 2.3% higher at Rs 142,694 per 10 grams.
Meanwhile, silver prices were trading 3.8% lower at Rs 186,600 per 1 kg.
Why BHEL Share Price is Rising
Shares of Bharat Heavy Electricals (BHEL) surged over 6% to an intraday high of Rs 425.30 apiece on 4 November 2026 after the company secured four project orders from Adani Power.
Each project is valued at Rs 50,000-70,000 m and involves the supply of boilers, turbines, generators, and auxiliaries. The projects have a capacity of 2X800 MW each.
BHEL shares have risen for the third consecutive session, gaining over 9% during this period.
The public sector undertaking's (PSU) order book stood at Rs 2,575,710 m as of 30 September 2026. The company secured orders worth Rs 300,000 m in the first half of FY27.
However, order inflows in Q2FY27 stood at Rs 40,000 m, significantly lower than Rs 267,000 m in Q1FY27 and Rs 300,000 m in Q4FY26.
In comparison, BHEL reported order inflows of Rs 219,000 m in Q2FY26 and Rs 105,000 m in Q1FY26.
Last month, BHEL reported a two-fold increase in consolidated net profit to Rs 8,209.4 m for the September 2026 quarter, supported by higher income from its key business segments, including power and industry.
Redington Shares Surge 11%
Shares of Redington surged over 11% on 3 November 2026 after the technology solutions provider reported strong earnings for the second quarter of FY27.
The company's consolidated profit after tax (PAT) increased 20.6% to Rs 4,225 m in the July-September quarter of FY27, compared with Rs 3,502 m in the corresponding quarter last year.
Redington reported consolidated revenue of Rs 429,470 m in Q2FY27, registering year-on-year growth of 47.7% compared with Rs 290,756 m in the corresponding quarter of the previous financial year.
The company said its quarterly performance was supported by growth across major business groups and key markets.
Revenue from its India business grew 67% YoY, driven by enterprise technology and data centre investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions.
Fractal Analytics Q2 Results
Fractal Analytics reported a 20% year-on-year increase in consolidated operating revenue to Rs 9,565 m in Q2FY27, marking its first-ever quarterly revenue milestone of US$100 million. Revenue also grew 10% in constant currency terms.
The enterprise AI company reported a 139% YoY increase in consolidated net profit to Rs 792 m, compared with Rs 332 m in the corresponding quarter last year.
Its Healthcare and Life Sciences (HLS) business led the growth, recording a 79% YoY increase in revenue. The Banking, Financial Services and Insurance (BFSI) vertical also delivered strong performance, with revenue rising 30% during the quarter.
Fractal's largest industry vertical, Consumer Packaged Goods and Retail (CPGR), recorded 11% revenue growth YoY. Technology, Media and Telecom (TMT) reported a 6% sequential increase.
The company's products, including its Cogentiq agentic AI platform, achieved an annual revenue run-rate of over Rs 1,500 m, registering 39% growth year-on-year.
Fractal reported improved profitability across all levels during the quarter. Its adjusted EBITDA margin expanded by 123 basis points YoY to 16%.
The company also reported a net revenue retention rate of 115% in Q2FY27, indicating increased spending by existing clients. Its Net Promoter Score (NPS) stood at 76 during the period.
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