Indian stock markets pushed down on Thursday, November 3 amid concerns about the upcoming US presidential election. In addition, market players are waiting for the US jobs report, which will be released tomorrow and could affect the Fed's rate hike decision in December.Today's key macro data included October service PMI, which came in 54.5 compared to 52 in September.By the close, the Nifty 50 decreased 0.34% to 8,484.95, while the BSE Sensex 30 traded down 0.35% to 27,430.28.On the Nifty 50, Hindalco Industries and Bharti Infratel outperformed the broader market, spiking 4.15% and 3.74%, respectively. On the other side of the spectrum, Oil & Natural Gas and Adani dropped 3.55% and 3.75%, respectively.The BSE Sensex 30 advancers were led by Hero MotoCorp and ITC, gaining 1.66% and 1.29%. Among the decliners, Oil & Natural Gas and Adani slid 3.53% and 3.92%, respectively.On the currency market, the USD/INR pair inched down 0.09% to 66.721, and EUR/INR eased 0.18% to 73.952. The 10-year bond yield reached 6.809%.The IT sector came under pressure from fears that Donald Trump may win the US presidency.Hero MotoCorp advanced 1.66% as October sales increased 3.6%.IL&FS Engineering dropped 5.6% after reporting an INR 81 mn quarterly loss.Oudh Sugar Mills dipped 2% even though quarterly profit totaled INR 18.6 mn compared to INR 19 mn a year earlier.From a technical standpoint, the BSE Sensex 30 index broke out of a small symmetrical triangle to the downside. Stochastic lines are pointing south, so the benchmark still holds upside potential.