Indian shares look set to open higher on Monday, with information technology stocks in the spotlight after the tech-heavy Nasdaq plunged to its lowest closing level in three months on Friday amid renewed concerns about the artificial intelligence trade.
Additionally, ongoing discussions involving Iranian officials and Qatari mediators have raised hopes of possible breakthrough that could ease supply concerns and improve the outlook for global energy markets.
Key benchmark indexes Sensex and Nifty ended higher last week even as broader markets witnessed a sharp sell-off on concerns over elevated crude oil prices.
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Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease
2026-11-02 02:33:36
