Stock markets trade higher, led by bank stocks, Reliance Industries
Indian stock markets saw gains in early trading, driven by strong performance in banking stocks and Reliance Industries. Positive global cues and easing crude oil prices contributed to the upward trend.
Why it matters
Market performance reflects investor sentiment regarding the Indian economy and its integration with global financial trends.
Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday (October 6, 2026), extending their previous session's rally, aided by buying in bank stocks, Reliance Industries and positive global cues.
The 30-share BSE Sensex advanced 120.22 points to 72,535.41 in early trade. The 50-share NSE Nifty was up 47.15 points to 22,603.10.
Of the 30 Sensex firms, Trent surged over 11%. Kotak Mahindra Bank, Axis Bank, Hindustan Unilever, Reliance Industries and InterGlobe Aviation were also among the winners.
Tech Mahindra, ITC, Mahindra & Mahindra and Infosys were among the laggards.
"Indian equity markets are expected to remain broadly steady, with easing crude prices providing some support to market sentiment. WTI crude is currently trading around the $89–90 per barrel range after oil prices declinedP amid signs of improving crude shipments from West Asia," Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.
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