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India stocks seen opening higher after oil drop, earnings
Reuters reported Indian shares were set to open higher Tuesday after three sessions of gains, with GIFT Nifty futures pointing up as oil eased and foreign buyers returned.
Indian equities were expected to open higher on Tuesday, Nov. 3, 2026, after three sessions of gains, according to a Reuters market preview carried by LiveMint and Business Recorder1.
GIFT Nifty futures stood at 23,523.5 as of 8:05 a.m. IST, pointing to a positive start for the Nifty 50, which closed at 23,440.8 on Monday1. Reuters said the Nifty 50 and BSE Sensex each rose 1.7% on Monday, to their highest levels in more than five weeks and eight weeks, respectively1.
Brent crude was little changed near $105 a barrel after a 7% drop in the prior session, the report said, as talks involving Iran and Qatari mediators raised hopes of an end to the U.S.-Israeli war with Iran, while reports of a U.S. strike on Iran's Qeshm Island kept tensions elevated1.
Provisional NSE data cited by Reuters showed foreign portfolio investors as net buyers of 31.15 billion rupees of Indian shares on Monday, while domestic institutions sold a net 3.92 billion rupees1. Marico, Dr. Reddy's Laboratories and Granules India were among names flagged on earnings or regulatory news1.
