2 hrs ago
Sensex Gains 476 Points as Nifty Moves Above 22,500
Indian stock markets started higher on October 5.
The Sensex and Nifty are numbers that track how groups of stocks are doing.
The Sensex gained more than 476 points, and the Nifty climbed above 22,500.
Banks and metal companies were among the strongest groups.
Some technology, car and medicine-related stocks fell instead.
Many other stocks also rose, including mid-sized and smaller companies.
Investors were waiting for the Reserve Bank of India to announce its policy decision on October 7.
A rate increase of 25 basis points was widely expected.
The article also said markets had fallen in the previous session.
On October 5, the Sensex was up 476.44 points, or 0.66%, at 72,386.14 at 9:17 a.m.
The Nifty rose 107 points, or 0.48%, to 22,528.95, crossing the 22,500 level.
Banking, financial and metal stocks led early gains; the PSU Bank index rose 1.53% and the Metal index gained 1.09%.
IT, auto, pharma and healthcare indexes declined, while mid-cap and small-cap indexes advanced.
Investors were watching the RBI’s October 7 policy decision, with a 25-basis-point repo rate increase widely expected.
- Who
- Indian equity markets, including the Sensex and Nifty.
- What
- Stocks opened higher, led by banking, financial and metal shares.
- Where
- India.
- When
- Monday, October 5, 2026; figures reported at 9:17 a.m.
- Why
- The article reports broad-based buying; it also notes investors were assessing company results and watching for the RBI’s upcoming policy decision.
Key facts
- Sensex at 9:17 a.m.
- 72,386.14, up 476.44 points (0.66%).
- Nifty at 9:17 a.m.
- 22,528.95, up 107 points (0.48%).
- Nifty PSU Bank
- Up 1.53%.
- Nifty Metal
- Up 1.09%.
- Nifty IT
- Down 0.60%.
- India VIX
- Nearly unchanged at 14.46.
- Upcoming RBI decision
- Scheduled for October 7; a 25-basis-point repo rate hike was widely expected, according to the article.
Quotes
V K Vijayakumar
Chief investment strategist at Geojit Investments
“After eight weeks of declines the market appears set for a rebound in the near-term.”
news18.com
Sources
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