Mumbai, Nov. 3 -- The key equity indices ended sharply higher on Tuesday, extending their winning streak to a fourth consecutive session. Easing crude oil prices and continued FII buying supported sentiment. Expectations of a review of long-term capital gains tax also boosted investor confidence.

Finance Minister Nirmala Sitharaman said the government would consider requests to review capital gains taxes on foreign investors. A stronger rupee and value buying in large-cap stocks further supported the rally. Weakness in global AI-linked stocks also aided Indian equities.

However, investors remained cautious about geopolitical developments involving Iran. The Nifty closed above the 23,800 level. FMCG, realty and private bank shares were i...