Top stocks to watch today: The Indian stock market is expected to open lower on Wednesday, November 4, breaking its four-session winning streak, as indicated by GIFT Nifty. GIFT Nifty was trading around the 23,718 level, down nearly 40 points, or 0.17%, from the previous close of Nifty futures, signalling a weak start for domestic benchmark indices.
On Tuesday, benchmark indices Sensex and Nifty extended their gains for the fourth consecutive session, ending nearly 2% higher. The 30-share BSE Sensex rallied 1,225.07 points, or 1.62%, to close at 76,917.85, its highest level of the session. Similarly, the 50-share NSE Nifty climbed 370.05 points, or 1.58%, to settle at 23,810.85, also marking its intraday peak.
Meanwhile, several stocks are likely to remain in focus on Wednesday amid company-specific announcements and corporate developments. Updates on new order wins, business performance, expansion plans and operational developments could trigger stock-specific movements during the trading session.
BSE, Nykaa, Lenskart, NSE, Multi Commodity Exchange (MCX), SBI, Indian Energy Exchange (IEX) among shares in focus on Wednesday.
Shares of BSE, FSN E-Commerce Ventures (Nykaa), Lenskart Solutions, Power…