Stock market news, Nov. 3 -- Indian stock market indices recorded their largest monthly increases in seven months during October, fueled by robust corporate earnings and appealing valuations that attracted foreign investors. The Nifty 50 and BSE Sensex rose by 4.5% and 4.6% in October, respectively, concluding 2.1% and 2.4% beneath their peak levels achieved in September 2024.

On the last trading day, the Nifty 50 dropped by 0.6% to 25,722.1, while the Sensex decreased by 0.55% to 83,938.71, impacted by private banks amid concerns over possible outflows arising from new index eligibility guidelines.

India's market regulator announced on Thursday that the restructuring of bank stock indices linked to derivatives contracts will occur grad...