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Indian Stock Market Set for Positive Opening as Global Cues Turn Supportive

Indian Stock Market Set for Positive Opening as Global Cues Turn Supportive

Indian stock markets are likely to open higher on Tuesday, October 6, with GIFT Nifty trading around 22,663, up nearly 81 points, signalling a positive start for the benchmark indices.

The positive sentiment comes after the Sensex gained 472.77 points, or 0.66%, to close at 72,382.47, while the Nifty 50 advanced 133.80 points, or 0.60%, to 22,555.75 on Monday. The recovery was supported by easing concerns over oil supplies and positive global market signals.

Global markets are also providing support. The S&P 500 gained 0.7%, while the Nasdaq rose around 1% and closed at a record high, driven largely by AI-related stocks. Asian markets were mostly positive in early trade.

Meanwhile, crude oil prices eased to around $89–90 per barrel, offering some relief to Indian equities.

Overall, the market outlook remains cautiously positive, with investors closely watching global cues, crude prices and key technical levels. 

This news is for information only and is not investment advice. Please do your own research before making investment decisions.