Indian Stock Markets Rebound on Sectoral Gains and Positive Global Cues

Indian benchmark indices ended higher on Monday, 5 October 2026, breaking a four-session losing streak. The Nifty 50 closed at 22,555.75, up 0.60%, while the Sensex rose 0.66% to 72,382.47. The Bank Nifty also advanced 0.48% to 54,714.10. The gains were driven by strong buying across sectors like FMCG, Consumer Durables, Energy, Realty, and Financial Services. The FMCG sector led the rally with a 1.80% gain, supported by a 5.08% jump in ITC. Consumer Durables and Energy sectors also performed well, rising 1.53% and 0.57% respectively.

The Realty and Financial Services sectors saw gains of 0.56% and 0.41%, while the Metal and Auto sectors edged higher by 0.30% and 0.15% respectively. The IT sector remained nearly flat with a marginal decline of 0.01%, and the Pharma sector was the weakest, falling 0.74%. Among the top gainers were ITC, BSE, and Tata Motors Passenger Vehicles, while HCL Technologies, Max Healthcare, and HDFC Bank were among the leading losers.

Technical analysis indicates immediate support for the Nifty 50 at 22,500 and resistance at 22,600. For the Bank Nifty, support is at 54,400 and resistance at 54,900. Global markets traded with a mixed but relatively positive tone, as weaker-than-expected U.S. employment data reduced expectations of an immediate Federal Reserve rate hike. Brent crude prices traded marginally lower at $106.088 per barrel, while gold prices rose to $4,160.41 per ounce.

The overall sentiment was supported by falling crude oil prices and positive global cues. However, investors remained cautious due to elevated U.S. Treasury yields, European fiscal concerns, and geopolitical risks. The movement in crude prices continues to impact global inflation outlook, import costs, and energy sector profitability.