At the same time, foreign portfolio investment flows have shown signs of buying in recent sessions, even as overseas investors have remained net sellers through October. Global equity markets have also reflected mixed reactions to technology earnings, with developments in artificial intelligence-related businesses influencing sentiment across Asian markets. 

Meanwhile, movements in oil prices remain closely linked to concerns over Middle East supply disruptions. The direction of benchmark indices will depend on how investors assess these domestic and global factors, alongside the outlook for inflation, interest rates and currency movements.

(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)