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Stock Market Surge: Sensex Jumps 530 Points and Nifty Nears 22,700
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News18•06-10-2026, 13:13
Stock Market Surge: Sensex Jumps 530 Points and Nifty Nears 22,700
- •Indian stock markets are trading with strong gains today, with the Sensex rising by 530 points and Nifty approaching the 22,700 mark.
- •Global cues remain mixed as US markets closed higher on October 5, while Asian and European markets showed a varied trend.
- •Market focus today is heavily on the Nifty 50 contract expiry and upcoming Q2 updates from major companies like Kotak Mahindra Bank and Axis Bank.
- •Brent crude prices slipped to around $100 per barrel, and the US 10-year bond yield stands at 5.31 percent.
Key Questions Answered
Trading in the Indian stock market is taking place with strength, as the Sensex rose 530 points and the Nifty is trading near the 22,700 mark.
The market's focus today centers on the expiry of Nifty 50 contracts and upcoming quarterly Q2 updates from companies like Kotak Mahindra Bank and Axis Bank.
US markets saw gains on October 5 with the Dow Jones up 0.18 percent, Nasdaq up 1.05 percent, and S&P 500 up 0.66 percent, while Asian and European markets experienced mixed cues.
