BusinessPhoto: Hindu BusinessStock Markets Rise Near Three-Month Highs as Oil Prices Fall After US Democratic Win
On November 5, 2026, Indian equity benchmarks opened near three-month highs, with the Nifty 50 rising 1.66% to 24,357.3 and the Sensex up 1.83% to 78,719.72 by 9:18 a.m. IST. Oil prices slid, with Brent crude futures dropping 1% to $93.5 per barrel, following an 8.7% fall the previous day. The Democratic victory in the US midterm elections raised hopes of an end to the US-Israeli conflict with Iran. Foreign investors returned strongly, buying shares worth ₹72.84 billion on November 4, marking their fourth consecutive session of buying. Fourteen of sixteen major sectors rose, with small- and mid-cap stocks gaining...
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