Stock market today LIVE: The key benchmark indices of the Indian stock market opened higher on Monday. The Nifty 50 index opened higher at 22,532 and touched an intraday high of 22,564 within a few minutes of the Opening Bell. The BSE Sensex opened with a gap-up opening at 72,340 and touched an intraday high of 72,402 within a few minutes if the market opening. Likewise, the Bank Nifty today opened with an upside gap at 54,840 and hit an intraday high of 55,192.
As expected, shares of ITC, HDFC Bank, Reliance Industries Ltd, Bajaj Finance, PC Jewellers, PNB, Shriram Finance, ITC, etc. gained in early-morning trading.
Avenue Supermarts, TVS Motor Company, Apollo Hospitals, Infosys, and Max Healthcare were among the major losers.
Volume shocer stocks today
5Paisa Capital, Manali Petroleum, V2 Retail, GSPL Transmission, Shipping Corporation of India, Jaykay Enterprises, Noartis India, United Polyfab Gujarat, etc., are amongst the volume shocer stocks in the early morning session on Monday.
Softer-than-expected U.S. employment data has eased some immediate concerns over further Federal Reserve tightening at its October meeting, offering a degree of support to global risk appetite. However, elevated Treasury yields, persistent foreign selling and renewed geopolitical risks could limit the upside and keep investors guarded through the session.
Top attention | Crude oil price movement
Crude oil remains central to the market outlook. WTI is trading around $90 a barrel, while Brent remains near $102, following an initial pullback on expectations of improved energy supply and diplomatic progress. That optimism has since been tempered by renewed tensions in the Middle East. Tehran has warned that the Strait of Hormuz will not fully reopen until its conditions are met, while Yemen’s Houthis have claimed attacks targeting Saudi Aramco facilities. The developments have revived concerns over regional energy supplies, leaving crude prices vulnerable to further volatility.
Bets are high on the RBI MPC meeting outcome
The Reserve Bank of India’s Monetary Policy Committee meeting is another major domestic catalyst, with the policy decision scheduled for October 7. Elevated global crude prices, rising food costs and concerns over agricultural output have sharpened the focus on the RBI’s assessment of inflation risks and its policy stance. Investors will be looking for signals on how the central bank balances price stability, growth and currency pressures.
Asian markets today
Asian markets are trading largely higher in early trade, providing a supportive external backdrop. Japan’s Nikkei 225 is up around 2%, while South Korean markets are closed for a holiday.
The early setup suggests scope for a positive opening, but the sustainability of any recovery will depend on whether improving global risk appetite can offset persistent domestic and external headwinds.
