Fund inflows, banking sector lifts equity markets (Roundup)

Mumbai, Nov 2 : Foreign fund inflows, along with healthy quarterly results in the banking sector, lifted the Indian benchmark equity indices on Monday.
Both the key indices broke their three-day losing streak to end higher.
On the global front, shares recovered from one-month lows on Monday as upbeat Chinese and European PMI data offset new lockdowns in Europe, even as investors prepared for more volatility arising from the US presidential election.
Back home, volume on the NSE was above recent average.
Besides, the foreign fund inflows stood at Rs 740 crore. In the month of October, FIIs had bought Rs 15,000 crore worth of shares.
Among sectors, except banking and FMCG, all indices ended in the red.