Nifty trades above 22,550; FMCG share advance
At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 452.37 points or 0.63% to 72,362.07. The Nifty 50 index rose 134.20 points or 0.60% to 22,556.15.
In the broader market, the BSE 150 MidCap Index gained 0.46% and the BSE 250 SmallCap Index added 0.41%.
The market breadth was negative. On the BSE, 2,136 shares rose and 2,269 shares fell. A total of 278 shares were unchanged.
RBI MPC begins 3-day meeting
The RBI Monetary Policy Committee (MPC) began its 3-day meeting today, 5 October 2026, to deliberate on interest rates and assess inflation, economic growth and financial conditions. The meeting will conclude on 7 October 2026, with markets closely watching whether the RBI will raise the repo rate for the first time since February 2023.
Buzzing Index:
The Nifty FMCG index rose 0.72% to 44,103.70. The index fell 4.76% in the past five trading sessions.
ITC (up 3.18%), Varun Beverages (up 2.3%), Marico (up 1.21%), Radico Khaitan (up 1.1%), United Spirits (up 0.91%), Colgate-Palmolive (India) (up 0.74%), Godfrey Phillips India (up 0.58%), and Dabur India (up 0.16%) jumped.
Numbers to Track:
The yield on India's 10-year benchmark federal paper rose 0.18% to 7.222 compared with the previous session close of 7.209.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 96.3050 compared with its close of 96.2500 during the previous trading session.
MCX Gold futures for the 4 December 2026 settlement declined 0.20% to Rs 1,50,092.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.23% to 102.15.
The United States 10-year bond yield shed 0.23% to 5.268.
In the commodities market, Brent crude for the December 2026 settlement rose 23 cents or 0.22% to $102.48 a barrel.
Powered by Capital Market - Live News