Sensex and Nifty on October 6: Key numbers

73,067.81: Sensex close, up 685.34 points.

22,776.10: Nifty close, up 220.35 points.

14 of 16: sectoral indices that ended higher.

Rs 473.61 lakh crore: BSE market capitalisation.

25 bps: the repo rate hike largely priced in for Wednesday.

The BSE capital goods index rose 1,333 points to 75,749, the pharma index gained 552 points and the Bankex rose 330 points to 62,118.

Nifty Bank, consumer durables, energy, infrastructure, media, FMCG, metal, pharma, oil and gas, private bank and telecom indices gained between 0.5% and 2%.

Trent, Kotak Mahindra Bank, Hindustan Unilever, Reliance Industries, IndiGo, Eterna and Asian Paints were among the gainers, according to Business Today.

Tech Mahindra, Titan, Bajaj Finance and ITC were among the losers, with the biggest fall at about 2.3%.

The market capitalisation of BSE-listed companies reached Rs 473.61 lakh crore.

Sentiment was helped by supportive global cues and a fall in Brent crude to below $100 a barrel, according to Business Today.

Strong Q2 business updates from Honasa Consumer, Meesho, Trent and Dabur also supported investor confidence.

The Reserve Bank of India’s Monetary Policy Committee announces its decision on Wednesday, October 7, at 10 am.

Markets largely price in a 25-basis-point increase in the repo rate, which would be the first rate hike since 2023.

The MPC has kept the repo rate unchanged at 5.25% in its last four policy reviews, after cumulative cuts of 125 basis points in 2025.

A Business Standard poll found that eight of 10 respondents expected a hike, with inflation at 4.82% and a weak rupee in the background.

Analysts cited by Business Today see the 22,600 to 22,400 zone as key near-term support for the Nifty and resistance around 23,000 to 23,200.

Geopolitical tensions and the prospect of US rate hikes remain concerns for emerging markets, according to the same report.

Bombay Stock Exchange building, Mumbai (file image), Wikimedia Commons, CC BY 2.0