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Market News Digest — 2nd Nov 2026: Earnings surge as capital markets boom
Indian IPO fundraising hits record highs while select stocks and fintech firms post strong quarterly gains.
🗞️ Headlines🏛️ Macro & RBI📅 Earnings & Events⚡ What's Moving
📈 Market Digest: Monday, 2 Nov 2026
India's capital markets continue their upward momentum with record-breaking activity and solid corporate performance underpinning investor confidence.
- 🏢 IPO Boom: Primary market fundraising reaches historic levels in the first half of FY27, reflecting sustained investor appetite for new listings.
- 💰 Corporate Results: Mold-Tek Packaging sees profit expansion with double-digit YoY growth, while MobiKwik achieves record profitability in its fintech operations. Oyo parent PRISM also logs strong sequential gains driven by revenue acceleration.
- 💹 FII Activity: Foreign institutional investors increase exposure to select Nifty constituents, with some stocks posting meaningful gains year-to-date as foreign flows remain supportive.
- 💱 Currency & Rates: Rupee consolidates as traders await directional cues from global oil and dollar movements. Japan's bond yields edge higher ahead of key auctions, while French yields remain anchored despite rating headwinds.
The broader narrative reflects a resilient domestic market underpinned by strong corporate earnings, robust capital raising, and steady foreign participation. Traders remain cautious pending fresh macro signals, though the combination of earnings momentum and record IPO activity suggests underlying market strength heading into the festive season. For updates on MomentumIQ.in, monitor key macro data and corporate result calendars.
