Bullion prices also saw gains ahead of Dhanteras and Diwali. In regulatory developments, the Securities and Exchange Board of India announced relaxed Know Your Customer norms for Non-Resident Indians, Overseas Citizens of India, and eligible foreign nationals from Financial Action Task Force-compliant nations, enabling completely digital onboarding with video-based verification from 3 December.

Meanwhile, the Food Safety and Standards Authority of India accused prominent energy drink brands, including PepsiCo and Monster, of misleading consumers over high levels of caffeine, sugar, and taurine.