GIFT NIFTY RETREATED, ASIAN MARKETS INCHED DOWN

Local stock markets are expected to begin in the red today. The Gift Nifty April 2026 futures are trading 0.54 points lower, suggesting a negative start for the benchmark index today. The domestic equity market finished marginally higher in last session, with BSE Sensex and Nifty 50 a tad higher.The BSE Sensex has slipped 4.03% over the last one month, while the NSE Nifty has drifted lower 4.22% over the same period.

In Asia today, sentiment was cautiously negative. China’s SSE Composite Index ticked up 0.31% while Japan’s Nikkei 225 edged lower 0.86%. Hong Kong’s Hang Seng Index drifted lower 0.84%.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,961 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,088 crore in the Indian equity market on 6 October 2026, provisional data showed.

Overnight on Wall Street, stocks edged higher across the board. The Dow Jones Industrial Average was slightly higher by 253.38 points, or 0.49%, and closed at 51542.28. The S&P 500 inched higher 0.59% to end at 7840.83, and the NASDAQ Composite edged up 0.45% to 27622.91.

Yesterday, the S&P BSE Sensex added 685.34 points or 0.95% to 73067.81. The Nifty 50 index moved higher by 220.35 points or 0.98% to 22776.10. Trent Ltd was top gainer in Nifty 50 yesterday, climbing 12.64% to Rs 2906. The stock has moved higher around 1.43% in last one-week and is lower 10.47% over last one-month.

In sectoral indices, only Nifty Chemicals index edged up yesterday, adding 1.98% on the day.