Sensex Jumps 685 Points on Global Cues and Banking Strength

Indian equity markets ended higher on Tuesday, extending gains for the second consecutive session with indices finishing firmly in positive territory. Markets maintained a firm rally throughout the session, supported by positive global cues and easing oil supply concerns.

• BSE Sensex ended at 73,067.81, up 685.34 points or 0.95%
• Trading Range spanned between 72,384.83 and 73,067.81 on the index
• Advance-Decline stood at 17 stocks advancing against 13 declining

Renewed buying interest in banking and financial stocks alongside strength in telecom counters drove the up move. Declining crude oil prices on signs of increasing supply from the Middle East further aided sentiment.

• Telecom gained 2.33% as the top sectoral index gainer
• Capital Goods rose by 1.79% on the BSE
• Industrials increased by 1.62% in trade
• FMCG moved up by 1.57% during the session
• Oil and Gas climbed 1.21% on the index

Economic indicators also showed broad expansion across sectors during the latest reporting periods. Data releases highlighted upward revisions to growth forecasts and strengthening business activity indices.

• World Bank raised India economic growth forecast to 7.1% for FY27 from 6.6% in April
• HSBC India Services PMI rose to 55.2 in September from 54.1 in August
• Composite PMI Output Index increased to 55.9 in September from 54.3 in August
• Automobile Retail Sales surged 31.82% year-on-year to a record 25,36,920 units in September 2026

Finance Minister Nirmala Sitharaman noted that India-US trade negotiations have reached a plateau with limited room for further concessions. Trent emerged as a standout individual performer following a strong quarterly business update.