Oil prices · Closing edition · Monday 2 November 2026
Oil prices: energy rose 3.9% as the Nifty rose 1.7%
9 reports since yesterday, led by Business Standard: “Bond yields fall nearly 10 bps as crude slides, rupee gains against dollar”
What happened
The Nifty 50 rose 1.68% to close at 23,440.80, and India VIX ended at 15.52. Among the sectors this touches, energy moved most, +3.92%.
Who it moved
- Energy
- +3.92% today
- Auto
- +1.33% today
- FMCG
- +0.84% today
Nifty 50 23,440.80 (+1.68%), India VIX 15.52, as of 2 Nov, 21:01 IST.
How we scored it
MethodWhat followed similar days
We found 203 past sessions when the Nifty moved up by a similar amount since 10 November 2016. Five sessions later the Nifty was higher 63% of the time. The median move was +0.7% after five sessions and +0.21% the next day.
Higher by more than 1%
41% of similar days
A quarter of these sessions gained +1.7% or more five sessions later.
Within 1% either way
37% of similar days
The median move five sessions later was +0.7%.
Lower by more than 1%
22% of similar days
A quarter of these sessions fell −0.8% or worse five sessions later.
What happened after similar days in the past, five sessions on. This is history, not a forecast or a target. Daily closes: Yahoo Finance.
Our take
We score this a major event, 79 out of 100. Across 203 past sessions when the Nifty moved up by a similar amount since 2016, the Nifty was higher five sessions later 63% of the time, with a median move of +0.7%. The record leans positive, but a quarter of those sessions still saw −0.8% or worse. This describes what has happened before; it is not a forecast or a recommendation.
Reports we counted
Bond yields fall nearly 10 bps as crude slides, rupee gains against dollar
Business Standard · 2 Nov, 19:49 IST
US Stock Market Live Updates: US stocks open higher as AI trade steadies, oil prices slide on US-Iran peace hopes
The Economic Times · 2 Nov, 18:41 IST
HPCL vs BPCL, IOCL vs ONGC: Which OMC stock to buy as $110/bbl crude oil price becomes a new nornal? Experts' views
Mint · 2 Nov, 11:41 IST
Sensex crosses 1,000-point gain; Nifty touches 23,360 as crude retreat, Reliance rally lift markets
BusinessLine · 2 Nov, 11:40 IST
Gold, silver rebound after sharp losses as crude oil prices soften
Business Standard · 2 Nov, 10:48 IST
Crude oil futures fall as diplomatic efforts to end Iran-US war continue
BusinessLine · 2 Nov, 10:01 IST
Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?
The Economic Times · 2 Nov, 07:47 IST
Oil prices slip more than 1% as talks continue on ending Iran war
Business Standard · 2 Nov, 07:31 IST
Written automatically from public data using fixed rules; no person picks the event or edits the numbers. This is market information, not investment advice or a recommendation to buy or sell any security. Past patterns do not guarantee future results. See the disclaimer.