Government and SEBI policy · Morning edition · Monday 2 November 2026
Government and SEBI policy is the event to watch today
7 reports since yesterday, led by The Economic Times: “GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest rates”
What happened
Before the open on Monday 2 November, the Nifty 50 stands at its last close of 23,053.10 (+0.51% in that session). 7 overnight reports cover government and SEBI policy.
Who it moved
- PSU banks
- −0.93% last session
- Infra
- +0.07% last session
- Financials
- +0.03% last session
Nifty 50 23,053.10 (+0.51%), India VIX 15.45, as of 2 Nov, 08:30 IST.
How we scored it
MethodWhat followed similar days
We found 1113 past sessions when the Nifty moved up by a similar amount since 7 November 2016. Five sessions later the Nifty was higher 58% of the time. The median move was +0.3% after five sessions and +0.09% the next day.
Higher by more than 1%
34% of similar days
A quarter of these sessions gained +1.4% or more five sessions later.
Within 1% either way
45% of similar days
The median move five sessions later was +0.3%.
Lower by more than 1%
21% of similar days
A quarter of these sessions fell −0.8% or worse five sessions later.
What happened after similar days in the past, five sessions on. This is history, not a forecast or a target. Daily closes: Yahoo Finance.
Our take
We score this a significant event, 64 out of 100. Across 1113 past sessions when the Nifty moved up by a similar amount since 2016, the Nifty was higher five sessions later 58% of the time, with a median move of +0.3%. The record leans positive, but a quarter of those sessions still saw −0.8% or worse. This describes what has happened before; it is not a forecast or a recommendation.
Reports we counted
GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest rates
The Economic Times · 2 Nov, 05:30 IST
PM Modi to meet Niti Aayog leadership on Nov 5; likely to review work as govt begins shaping FY28 Budget
The Economic Times · 2 Nov, 01:19 IST
CII calls for GST-like reforms in land, labour & local approvals
The Economic Times · 2 Nov, 01:09 IST
SEBI proposal may open up data, technology businesses for exchanges, depositories
BusinessLine · 1 Nov, 18:59 IST
Sebi to delist penny stocks: Market regulator plans AI-based surveillance of such firms
The Economic Times · 1 Nov, 18:49 IST
Jio says tariff hikes can wait, eyes 10-15 partners for overseas play
Mint · 1 Nov, 16:43 IST
Net GST collections rise 25.6% to ₹2.03 trillion, fastest growth in FY27
Business Standard · 1 Nov, 15:55 IST
Written automatically from public data using fixed rules; no person picks the event or edits the numbers. This is market information, not investment advice or a recommendation to buy or sell any security. Past patterns do not guarantee future results. See the disclaimer.