Sensex Extends Gains to Second Day

2026-10-06 04:54 By Jereli Escobar 1 min. read

India’s BSE Sensex rose about 0.3% to 72,606 on Tuesday, extending gains for a second day as banks and financial stocks advanced on upbeat quarterly updates, while investors awaited the Reserve Bank of India’s policy decision, with a 25-basis-point rate hike widely expected.

Banking stocks led gains, with Kotak Mahindra Bank gained about 3.5% after reporting 24.7% year-on-year growth in net advances, while Axis Bank rose around 1.5% on a 20.7% increase in deposits and 22.7% growth in gross advances.

Meanwhile, Trent surged about 9.3% after the apparel retailer projected a 23% year-on-year increase in standalone revenue for the September quarter.

Sentiment was also supported by lower oil prices and reduced expectations of aggressive US monetary tightening following weaker US jobs data.

However, the rupee remained under pressure as higher US Treasury yields and a stronger dollar weighed on the currency, with the Reserve Bank of India intervening to slow its decline.



News Stream
Sensex Extends Gains to Second Day
India’s BSE Sensex rose about 0.3% to 72,606 on Tuesday, extending gains for a second day as banks and financial stocks advanced on upbeat quarterly updates, while investors awaited the Reserve Bank of India’s policy decision, with a 25-basis-point rate hike widely expected. Banking stocks led gains, with Kotak Mahindra Bank gained about 3.5% after reporting 24.7% year-on-year growth in net advances, while Axis Bank rose around 1.5% on a 20.7% increase in deposits and 22.7% growth in gross advances. Meanwhile, Trent surged about 9.3% after the apparel retailer projected a 23% year-on-year increase in standalone revenue for the September quarter. Sentiment was also supported by lower oil prices and reduced expectations of aggressive US monetary tightening following weaker US jobs data. However, the rupee remained under pressure as higher US Treasury yields and a stronger dollar weighed on the currency, with the Reserve Bank of India intervening to slow its decline.
2026-10-06
Sensex Closes Higher
India’s BSE Sensex closed about 0.7% up at 72,382.5 on Monday, snapping a four-day losing streak, supported by easing oil prices and reduced concerns over a Fed rate hike at its October meeting. Meanwhile, foreign fund outflows continued, and investors braced for the upcoming RBI's policy outcome later this week. FMCG, energy, financials and select banking stocks saw increased buying. ITC was the top performer, climbing 4.5%, after Citigroup double-upgraded the stock to "buy" from sell". Bajaj Finance gained 2.3% after posting an 11% annual growth in new loans in the September quarter. Eternal, Bharti Airtel, Adani Ports, ICICI Bank, Reliance, L&T and NTPC also advanced solidly, rising between 1.5%-2.5%. On the downside, HCL Tech dropped 3.7% to the bottom of the index, with HDFC Bank and Sun Pharma also falling 2% and 1.6%, respectively.
2026-10-05
The SENSEX Index Closes 0.56% Higher
The SENSEX Index rose 403 points or 0.56 percent on Monday to close at 72312 points. Leading the gains are ITC (4.79%), Tata Motors (3.11%) and Eternal Limited (2.50%). Top losers were HCL Tech (-3.47%), HDFC Bank (-2.23%) and Asian Paints (-2.16%).
2026-10-05