# Stock Market LIVE: GIFT Nifty rises over 100 pts; Asia markets mixed; Brent crude drops 2% | Markets News - Business Standard

> Brent crude fell about 2% in Asian trading to roughly $111 a barrel after US President Trump signaled a preference for diplomacy with Tehran before the midterm elections. Asian equity markets traded mixed and Indian index futures pointed higher.

- Date: 2026-11-02 · published 2026-11-02T03:10:36.410Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/74703-stock-market-live-gift-nifty-rises-over-100-pts-asia-markets-mixed-brent-crude
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower crude reduces the energy-cost and biofuel-linked support for vegetable oils and feed-related costs, though the Iran risk premium remains in place.

## Read by commodity

- BRENT: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/markets/news/stock-market-live-november-2-nse-bse-sensex-today-nifty50-gift-nifty-crude-oil-prices-q2-results-jio-share-price-ipo-today-126110200053_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.