Stock market outlook for 4 November 2026: what brokers expect today

All firms that gave levels put the key hurdle at about 24,000. Four of them (Kotak Neo, HDFC Securities, Motilal Oswal and Enrich Money) place support between 23,500 and 23,650. Anand Rathi sees a wider cushion at 23,400, while 5paisa puts its first support higher at 23,783.

The split is about tone. Motilal Oswal, HDFC Securities, Anand Rathi and 5paisa lean bullish. Kotak Neo and Enrich Money are more cautious, expecting a flat start and a test of resistance. Anand Rathi and 5paisa also warn that profit booking is likely after the sharp rally. For today, that points to a range of roughly 23,500 to 24,000, with a dip towards support seen by many brokers as a possible buying spot.

GIFT Nifty (a Nifty futures contract traded at GIFT City) is near 23,705–23,730, which hints at a small gap-down. Global cues are mixed: Asian markets fell, with Japan's Nikkei and South Korea's KOSPI sharply lower, while Wall Street was mixed (Dow slightly down, S&P 500 and Nasdaq up). Brent crude is still above $100 a barrel, and traders are watching the US midterm results and US–Iran talks. On Tuesday, foreign investors (FIIs) bought about ₹6,837 crore of shares, while domestic institutions (DIIs) sold about ₹3,679 crore. This is an informational summary, not personalised investment advice.