Sensex, Bankex analysis for 06/10/2026 (MARKET ANALYSIS)

1. Sensex Current Level: 72,382 Trend / Position Recommendation :Hold short as long as the index remains below 73,500. This indicates that the broader market sentiment is currently weak or in a corrective phase beneath this key threshold. Conditional Strategy (Long): Only look to create long positions if the index breaks and trades above 73,500, which would signal a shift in momentum toward the bullish side. 2. Bankex Current Level: 61,788 Trend / Position Recommendation: Hold short as long as the index stays below 63,000, reflecting ongoing overhead resistance and persistent selling pressure in banking stocks under this level. Conditional Strategy (Long): Only look to create long positions if it moves above 63,000, acting as a confirmation level for a trend reversal. F&O top looser was :