Indian Stocks Rise as Crude Oil Prices Retreat
Indian stock markets kicked off Monday, October 5, 2026, on a strong note as crude oil prices eased, lifting investor sentiment. The Nifty 50 index climbed 0.57% to 22,549.30, while the Sensex rose 0.65% to 72,373.46. Investors were closely watching global market trends, foreign fund flows, and geopolitical developments for further direction.
Crude oil prices showed a decline, with Brent dropping 1.20% to $90.00 per barrel and WTI falling 0.77% to $101.46. This retreat provided some relief to India’s import bill and inflation outlook, though Brent’s persistence above $100 kept energy costs and inflation risks in focus. The rupee strengthened slightly against the dollar, making dollar-denominated imports marginally cheaper.
Commodities saw mixed movements, with gold trading at $4,172.15, up 0.24%, reflecting ongoing investor attention to global interest rates and safe-haven demand. Among top gainers, Surani Steel Tubes surged 19.99%, Sarthak Metals rose 11.62%, and Infollion Research Services advanced 7.76%. On the downside, V2 Retail fell 11.93%, JHS Svendgaard Laboratories declined 6.07%, and Avience Biomedicals dropped 4.86%.
Market participants are expected to remain sensitive to global commodity trends, particularly crude oil, as well as foreign institutional investor activity and central-bank expectations. The positive opening on Monday signals a hopeful start for Indian equities, though investors will continue to monitor oil prices, currency movements, and global risk sentiment for further cues.