Indian shares look set to open higher on Tuesday, adding to recent gains as crude oil prices continued to ease amid hopes of a de-escalation in the Middle East conflict.
Lingering concerns over heavy investments in artificial intelligence (AI) infrastructure along with Apple’s disappointing revenue and margin guidance may also shift focus back toward the Indian equity growth story.
Benchmark indexes Sensex and Nifty soared around 1.7 percent each on Monday to extend gains for a third consecutive session as heavyweight Reliance posted stronger-than-expected quarterly earnings and oil prices slumped amid diplomatic efforts to end the war in Iran.
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Market Analysis
Indian Shares Set To Extend Gains As Oil Prices Slump On US-Iran Peace Hopes
2026-11-03 02:38:38
