New Delhi, Nov. 3 -- The Indian stock market is likely to open on a positive note for the second consecutive session on Monday, November 2, with GIFT Nifty indicating a gap-up start. The positive sentiment comes after strong gains in the benchmark indices during the previous trading session. GIFT Nifty was trading near 23,553, up around 150 points or 0.65% from the previous close of Nifty futures, signalling a firm opening for domestic equity benchmarks.

In the previous session, benchmark indices Sensex and Nifty extended their winning streak to three consecutive sessions, with the Sensex climbing over 1,200 points to its highest closing level in more than seven weeks. The 30-share BSE Sensex advanced 1,233.25 points, or 1.66%, to close ...