Sensex and Nifty Gain in Early Trade as Oil Prices Ease

Indian equity benchmarks traded higher on November 2, supported by optimism around diplomatic efforts to ease tensions involving Iran and by strong corporate earnings. At around 9:42 a.m. IST, the Nifty 50 was up 1.08% at 23,304.90, while the BSE Sensex had gained 1.27% to 75,404.64.

Buying was visible across several major sectors, with small- and mid-cap indices also trading higher. Reliance Industries was among the notable gainers after reporting better-than-expected quarterly earnings. These figures represent the market position at the stated time and not the closing levels.