Indian equity benchmarks continued their upward movement on Tuesday, November 3, as easing crude oil prices, positive corporate earnings and renewed foreign investor interest supported market sentiment. At around 9:42 a.m. IST, the Nifty 50 had gained 0.76% to 23,622.25, while the BSE Sensex advanced 0.92% to 76,385.48.
The rally followed a strong session on Monday, when both indices rose around 1.7%. Foreign portfolio investors bought Indian shares worth Rs.31,150 crore on Monday, while 14 of the 16 major sectoral indices were trading higher in early deals on Tuesday. However, Asian markets remained mixed, with South Korean technology stocks facing selling pressure.
Investors are expected to track global developments, crude oil movements and the ongoing September-quarter earnings season for further market direction.
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