Market move▲ Bullish for Indian equities
Sensex, Nifty up today: Why is Indian stock market rising ahead of RBI MPC meeting outcome? Explained with 3 reasons
The brief
- Sensex surged over 1,000 points in the last two straight sessions
- Nifty 50 rose 300 points ahead of the RBI MPC outcome
- The rally lifts Indian equities broadly, though the RBI MPC outcome remains a key near-term market catalyst
- Swaps signal risk of outsized RBI rate hike to usher in global rate catch-up
- Will RBI Hike Repo Rate For First Time Since 2023? Why October Policy Could Mark A Hawkish Turn
- Bank Nifty rises for 2nd day, reclaims 55,000: Here's what investors should expect ahead of RBI rate decision
- Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 06, 2026
- RBI policy outlook: 25-bps hike likely, but economists see calibrated tightening ahead
Indian stocks rebound after weeks of declines
Indian equities rebounded, with the Sensex rising as much as 600 points intraday and the Nifty crossing 22,550; easing crude prices were cited among the drivers. The Sensex closed up 472.77 points at 72,382.47, while the Nifty gained 133.80 points to 22,555.75.
Tuesday, 6 October
- Sensex, Nifty up today: Why is Indian stock market rising ahead of RBI MPC meeting outcome? Explained with 3 reasons