6 October 2026 (Navroze Bureau) Indian equity markets are expected to remain in focus on October 6 as investors assess global market signals, crude oil prices, the rupee, foreign fund flows and expectations surrounding the Reserve Bank of India’s upcoming monetary policy decision.
Here are the top 15 things investors should know before the opening bell:
1. Nifty outlook: The Nifty 50 closed at 22,555.75 on Monday after gaining around 0.6%. The index is attempting to recover after a prolonged period of weakness. Immediate resistance is seen around 22,800, while 22,400 and 22,200 remain important support levels.
2. Sensex gains: The BSE Sensex also recovered on Monday, rising around 0.7%. The rebound came after benchmark indices experienced a prolonged period of weakness and extended losses in the previous sessions.
3. GIFT Nifty: GIFT Nifty indicated a positive opening for Indian equities on Tuesday. The futures contract was trading above Monday’s Nifty close, suggesting that domestic markets could start the session on a firmer note.
4. RBI policy decision: Market attention is shifting towards the Reserve Bank of India’s monetary policy announcement due on Wednesday. Investors will closely watch the central bank’s stance on interest rates, inflation, growth and liquidity conditions.
5. Crude oil: Brent crude remained near the $100-a-barrel mark after falling sharply in the previous session. Increased Middle East exports and plans by major economies to release additional supplies have eased some supply concerns, although geopolitical risks continue to keep oil prices elevated.
6. Rupee: The Indian rupee remains under pressure against the US dollar. High crude prices, elevated US bond yields and foreign equity outflows continue to weigh on the currency, keeping traders cautious.
7. US markets: Wall Street provided supportive cues, with the Nasdaq Composite reaching a record high. Asian markets also opened higher on Tuesday, creating a relatively positive global backdrop for Indian equities.
8. FII flows: Foreign portfolio investors remained net sellers for another session on Monday, withdrawing around Rs 4,699 crore from Indian equities. Continued foreign selling remains a major risk for domestic markets.
9. DII support: Domestic institutional investors provided a counterbalance by recording net purchases of around Rs 5,182 crore on Monday. Strong domestic institutional buying has helped absorb some of the selling pressure from foreign investors.
10. India VIX: The India VIX rose 2.21% to 14.77 on Monday. The volatility index will remain an important indicator for traders as markets approach the RBI policy announcement and react to global developments.
11. Bank Nifty: Bank Nifty closed around 54,714. Immediate resistance is seen around 55,073 and 55,267, while support levels are placed near 54,445 and 54,251. Traders will watch for sustained buying in banking stocks.
12. Axis Bank: Axis Bank will remain in focus after reporting strong business growth. The lender recorded 20.7% year-on-year growth in deposits and 22.7% growth in gross advances as of September 30.
13. Kotak Mahindra Bank: Kotak Mahindra Bank reported a 24.7% year-on-year rise in net advances and 23.2% growth in deposits. The strong business update could keep the stock active during Tuesday’s trading session.
14. Trent and Godrej Consumer: Trent reported a 23% year-on-year rise in standalone second-quarter revenue to Rs 5,788 crore and continued its store expansion. Godrej Consumer Products expects consolidated revenue growth in the high teens for the September quarter despite uneven monsoon conditions and input-cost pressures.
15. Other stocks to watch: Metropolis Healthcare, Vedanta, IREDA, Marico, Juniper Hotels, AWL Agri Business, JSW Energy and Zydus Lifesciences are among the other stocks likely to remain in focus following business updates and other corporate developments.
Overall, Tuesday’s trading session is likely to be influenced by the balance between the recent recovery in domestic equities and continuing concerns over crude oil, the rupee, US bond yields and foreign fund outflows.
The Nifty’s ability to sustain buying above the 22,600–22,800 zone will be closely watched by traders. A sustained move above this area could improve sentiment, while a fall below key support levels could revive selling pressure.
With the RBI policy decision approaching, investors are likely to remain sensitive to interest-rate expectations, inflation concerns and currency movements. Any change in the central bank’s policy stance could influence rate-sensitive sectors such as banking and financial services.
Meanwhile, quarterly business updates from banks, retailers and consumer companies are expected to trigger stock-specific moves. Investors will also track developments in global markets and crude oil prices for further direction.