First Tick: Top global cues to watch in today's trade
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian benchmark indices are likely to see a strong opening on November 3, tracking GIFT Nifty, which is trading higher by 154 points at 23,551.50.
- ✓Markets got a boost after Indian benchmarks ended higher on November 2, with the Nifty crossing the 23,300 mark supported by strong buying in heavyweight stocks.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol.com
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
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Indian benchmark indices are likely see a strong opening on November 3, tracking GIFT Nifty, which is trading higher by 154 points at 23,551.50 in early trade.
Track the latest updates on GIFT Nifty right here on Moneycontrol
Indian benchmarks ended higher on the third straight session on November 2, with the Nifty crossing the 23,300 mark supported by strong buying in heavyweight stocks, particularly Reliance Industries. RIL rallied around 11.5% after reporting strong Q2 earnings.
However, fall in US bond yield, cooling of Brent crude prices amid hopes of progress in talks to end the Iran war, and robust GST collections in October also supported sentiment.
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Moneycontrol.com
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