Sensex and Nifty surge 1.7% as Reliance Industries leads market rally

Indian benchmark indices rose 1.7% on November 2, 2026, with the Sensex closing 1,233 points higher at 75,682.78 and the Nifty 50 ending up 387.70 points at 23,440.

Reliance Industries surged 11.6% to reach a six-year high after posting a 32% increase in profit after tax to ₹29,250 crore for the quarter ended September.

Benchmark Brent crude fell over 4% to $108 per barrel in early trade following progress in peace talks concerning the Iran-US war.