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Sensex and Nifty rise over 1 per cent on Monday

The domestic benchmark indices gained more than 1 per cent on 2 November as oil prices fell and Reliance Industries shares rose.

The Nifty 50 and Sensex indices increased by more than 1 per cent on Monday, 2 November, according to Mint.

The Nifty 50 began the session at 23,215.85, up 0.71 per cent, while the Sensex opened at 75,113.01, a gain of 0.88 per cent.

Both indices continued to climb throughout the day to finish with gains exceeding 1 per cent.

The market rise occurred as oil prices dropped from a six-month high during attempts to end the war in Iran.

Reliance Industries also contributed to the positive sentiment after reporting September-quarter earnings that were higher than expected.

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