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Indian indices climb over 1% as global and domestic cues improve

Reported by Pooja Nair (Section Editor) · Livemint - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Indian indices climb over 1% as global and domestic cues improvePhoto: Wikimedia Commons

Nifty 50 and Sensex jumped more than 1% on Monday, 2 November, signalling a possible turnaround for Indian equities. The rise came as pressure from global markets eased, removing a headwind that had weighed on investors. At the same time, signs of resilience in the Indian economy boosted confidence in the market. Together, the softer global backdrop and stronger domestic fundamentals lifted hopes of a recovery in investor sentiment. ## Context Easing of overseas market stress often helps Indian stocks because foreign investors can re‑enter with less risk. Domestic resilience, such as steady growth and stable policy, supports local buying when global cues turn positive.

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