Sensex rises by more than 500 points:Trading at 76,300, Nifty also up 150 points; increased buying in banking and IT shares

The stock market is up today, 3 November. The Sensex is trading at 76,300, up more than 500 points. The Nifty is also up around 150 points and is trading at the 23,600 level. Banking, FMCG and IT shares are seeing the most buying. 1. Buying by foreign and domestic investors: Foreign institutional investors (FIIs), who had been selling for a long time, bought shares worth ₹3,115 crore on Monday. Domestic institutional investors (DIIs) also invested ₹1,358 crore. This buying provided strong support to the market. Foreign investors (FIIs) bought shares worth ₹6,642 crore in 7 days Note: The net buying/selling figures for FIIs and DIIs are in ₹ crore. 2. Slight relief in crude oil prices: The price of Brent crude oil fell to $105 per barrel. India imports most of the crude oil it needs from abroad, so this slight easing in oil prices was positive for the market. Asian markets see mixed trading today US market sees mixed trading on 2 November Markets had gained yesterday