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Indian equities opened higher on November 2 as the rupee opened at 94.89 per dollar and the Nifty rose past 23,200. Strong Reliance earnings, robust GST collections and cooling crude prices, which were around $101 a barrel, drove the gains.
Cooler crude lowers India's energy import bill and supports the rupee, easing pressure on feed-ingredient import costs. Strong domestic demand indicators suggest steady livestock and feed demand.
indiatoday.inIndia Today Video DeskNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
