31 publishers · first seen Thu, 29 Oct 2026 07:15 UTC · updated Tue, 03 Nov 2026 06:10 UTC
Indian equity markets opened higher on Tuesday, extending the rally from the previous session, with the Sensex and Nifty both gaining over 0.7% each. The positive trend was driven by declining crude oil prices, strong Q2 earnings, and foreign institutional investors turning buyers. Analysts suggest that the ongoing rally could be supported by further weakening of the AI trade, good Q2 results, and foreign investors continuing to buy into Indian equities. However, uncertainty over the US-Iran conflict remains a concern for global markets.
The Nifty opened at 23,582.25, gaining 141.45 points or 0.60%, while the BSE Sensex opened at 76,288.65, rising 595.87 points or 0.79%. Most sectoral indices on the National Stock Exchange (NSE) opened in positive territory, with Nifty IT leading the gains, rising 1.09%. Market experts attribute the rally to easing crude oil prices, better-than-expected corporate earnings, and foreign investors returning to Indian equities.
Content auto-generated. May contain inaccuracies.