Gift Nifty points to a positive open for Indian markets; stocks to watch include Reliance Industries

Indian stock markets are expected to open on a positive note today, November 2. Gift Nifty has indicated a gap-up start, meaning the market is already showing signs of opening higher before trading begins.

Asian markets fell on Monday. US stock futures, on the other hand, began trading for the last days of the week on a positive note after a sharp fall on Friday. The picture in Asia was weak, while US futures made a good start after Friday's big decline.

Investors may keep an eye on the shares of several companies today. These include ITC, Marico, Nalco, NLC India, Container Corporation of India, Tata Investment Corporation, Reliance Industries (RIL), Jio Platforms, NTPC Green Energy, NTPC, CDSL, Sun Pharmaceutical Industries, Bharat Electronics (BEL), Indian Oil Corporation (IOC), SJVN and Nazara Technologies.

Analysts have also offered their picks. Ganesh Dongre, AVP for equity research at Anand Rathi, has chosen SBI, Britannia and Biocon as stocks to buy.

Sumeet Bagadia, executive director at Choice Broking, has recommended shares that can be bought at below Rs 100. His list has three shares: SJVN, NHPC and Bank of Maharashtra.

Chandan Taparia, head of wealth management, derivatives and technicals at Motilal Oswal Financial Services Limited, has suggested four stocks to buy today: Ather Energy, Divi's Laboratories, BSE and Eternal.

The information here is based on the views of various analysts and experts. Before making any investment decision, it is advisable to consult a certified expert.

Overall, Gift Nifty signals point to a strong start, while Asian markets were lower on Monday and US futures opened higher after Friday's big fall. Investors will be watching these stocks and the experts' recommendations.