In the week ending November 3, the stock market rebounded, ending a two-week decline. The Sensex and Nifty, key market indicators, saw gains of 0.91 percent and 0.96 percent respectively.
Broader indices, particularly midcap and smallcap stocks, outperformed large caps. Positive factors included strong Q2 results, robust GST collections, and a drop in crude prices.
Stable domestic macroeconomic PMI and solid corporate earnings also contributed to the recovery. The realty sector saw a significant rise, while the auto sector faced challenges despite positive sales figures. Investors are closely watching US economic data for further insights.