New Delhi, Nov. 2 -- The Indian stock market is expected to open higher on Monday, November 2, with GIFT Nifty signalling a positive start. GIFT Nifty was trading around 23,291, up nearly 205 points, or 0.89%, from the previous close of Nifty futures, indicating a potential gap-up opening for the domestic benchmark indices.

On Friday, the Sensex and Nifty extended their gains, supported by strong buying in IT stocks and earnings-driven gains in Trent, the Tata Group's retail arm. The 30-share BSE Sensex advanced 308.49 points, or 0.42%, to close at 74,459.53. During the session, it surged as much as 591.55 points, or 0.79%, to hit an intraday high of 74,742.59. Meanwhile, the 50-share NSE Nifty gained 116.35 points, or 0.51%, to settle a...