Global semiconductor stocks experienced a significant selloff, driven by concerns over inflated valuations for AI boom beneficiaries. Major Asian chipmakers, including Samsung Electronics and Taiwan Semiconductor Manufacturing Co., saw substantial declines. This pullback signals growing unease about the sector s earnings potential and high stock prices amid persistent interest rate concerns.

The Nifty’s FY26 EPS has been revised upward to Rs 1,101 from the earlier estimate of Rs 1,096.

LIC is set to announce its September quarter results on Thursday, with brokerages expecting up to a 10% year-on-year drop in its Annual Premium Equivalent (APE) to Rs 14,840–16,380 crore. Estimates for Value of New Business (VNB) range between Rs 2,374 crore and Rs 3,018 crore.

Adani Enterprises plans to raise up to ₹25,000 crore via a rights issue to fund debt repayment and capital expenditure, primarily in its airport business. The company reported an 84% year-on-year net profit increase to ₹3,199 crore for the September quarter, boosted by an exceptional gain from a stake sale in Adani Wilmar.

Lenskart s ₹7,278-crore IPO saw a robust subscription of 28.26 times on its final day, attracting significant investor interest despite concerns over its valuation. Anchor investors and marquee names like Radhakishan Damani boosted sentiment, leading to strong demand across all investor categories.

Reserve Bank of India officials met with primary dealers to address bond market challenges. Elevated yields and tight liquidity were key discussion points. Meanwhile, the Indian rupee saw gains, closing stronger against the dollar. This strengthening was attributed to state-run bank dollar sales and central bank intervention in offshore markets. Foreign investors continued to sell Indian equities.

The Securities and Exchange Board of India (Sebi) plans to update stock broker regulations by December 2025 to enhance risk management and data protection. This review follows a discussion paper on rationalizing existing rules, some of which are over 30 years old.

Adani Ports reported a significant 29% year-on-year increase in net profit to ₹3,120 crore for the September quarter, driven by robust growth in its logistics and marine businesses. Revenue surged 30% to ₹9,167 crore, with cargo volumes rising 12% and market share reaching 28.1%.

NSE Holidays 2025: Indian stock markets are shut today, November 5, 2025, for Guru Nanak Jayanti. Trading on NSE and BSE is suspended across all segments. This is the second market holiday in November. The festival commemorates the 556th birth anniversary of Guru Nanak Dev Ji. MCX trading is also suspended. Markets reopen tomorrow, November 6.

China s central bank, the People s Bank of China, resumed its government bond purchase program in October for the first time this year, injecting 20 billion yuan to support the economy. This move aims to maintain ample liquidity and contain borrowing costs, as market conditions have improved and the yuan has strengthened against the dollar.