Sensex and Nifty Open Higher as Brent Crude Retreats

Stock market indices Sensex and Nifty opened higher on Monday, with the Sensex trading nearly 900 points or 1.19 per cent up at 75,349.07 at 9:16 am.

Brent crude futures fell to $111 per barrel from a six-month high of $118, aided by ongoing talks between Iranian and Qatari officials to end the US-Israeli war on Iran.

Reliance Industries reported a higher-than-expected 40.6 per cent jump in September quarter net profit, while foreign investors bought Indian shares worth 36 billion rupees on Friday.