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Indian shares set to open higher as oil hits 2-month low after US Democratic win

Pakistan Published 5 November 2026, 07:46 · archived 5 Nov 2026

Indian shares are expected to open higher on Thursday, as crude oil prices slumped to a two-month low as investors bet that Democrats’ victory in US midterm elections ​could hasten the end of the US-Israeli war on Iran. GIFT Nifty futures were ‌at 24,295.5 as of 8:01 a.m. IST, indicating a positive start for the benchmark Nifty 50, which closed at 23,960.6 on Wednesday. Foreign investors bought Indian shares worth 72.84 billion rupees ($769.65 million) on Wednesday, as ​per provisional data. This marks their fourth straight session of buying, suggesting they ​may be returning to India after a ...

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