Sensex flat amid rangebound trade;Nifty above 25,750, realty shines

The domestic share market indices recorded modest gains after a volatile session on Monday, supported by buying in midcap and smallcap shares. At close, the Sensex was up 39.78 points or 0.05 percent at 83,978.49, and the Nifty was up 41.25 points or 0.16 percent at 25,763.35. 
Shriram Finance, M&M, Apollo Hospitals, SBI, Tata Consumer were the top gainers on the Nifty, while losers included Maruti Suzuki, ITC, TCS, Bharat Electronics, L&T.On the sectoral front, pharma, telecom, realty, PSU Bank indices added 1-2 percent. The broader indices outperformed the main indices with BSE Midcap index rising 0.6 percent and smallcap index adding 0.7 percent at close.
Rupee Close:
On 3 Nov'25,the Indian The rupee extended its descent for the third straight day and settled 7 paise down to close at 88.78 against the dollar on Monday, weighed down by higher crude oil prices and continuous outflow of foreign capital amid uncertainties over global trade.Forex traders said domestic equities ended on a positive note and supported the domestic unit at lower levels.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,the domestic market ended on a marginal positive note as profit booking was visible at the higher levels due to the absence of fresh domestic triggers. While the broader market outperformed since the quarterly earnings are steering investors' preference to take a short- to medium-term view. The PSU Banking index continued to be a preferred bet for investors, led by healthy earnings and improving asset quality. In contrast, IT stocks declined amid fading expectations of a U.S. Fed rate cut, while a trade truce between the US and China eased the demand for safe haven assets.
Market experts recommended five shares to buy on Monday-Bajaj Consumer Care, Tatva Chintan Pharma Chem, Allied Blenders and Distillers, Garuda Construction and Engineering, and Vishnu Chemicals.

(Business Correspondent)