India, Nov. 2 -- Stock market indices Sensex and Nifty opened higher on Monday as oil prices retreated from a six-month high amid talks aimed at ending the Iran war, while Reliance Industries reported a higher-than-expected profit for the September quarter.

At 9:16 on Monday, Sensex was nearly 900 points or 1.19 per cent up and trading at 75,349.07.

GIFT Nifty futures stood at 23,258.5 as of 7:58 am, hinting at a positive start for the benchmark Nifty 50, which closed at 23,053.1 on Friday, according to figures cited in a Reuters report.

Brent crude futures fell to $111 per barrel on Monday from a six-month high of $118 on Friday, as Iranian and Qatari officials held a third consecutive day of talks aimed at securing a deal to end the ...