Indian Market Update —--- 5 October 2026

Indian markets are trading higher today after suffering their eighth consecutive weekly decline. Around the morning session, the Nifty 50 was near 22,579 (+0.70%) and the Sensex around 72,491 (+0.80%). The rebound is supported by easing crude-oil prices, reduced expectations of an aggressive US Fed rate hike, and stronger banking stocks. Investors are also watching the RBI monetary-policy meeting, with its decision due on October 7. 📌 Stock in Focus: HDFC Bank

HDFC Bank is in focus after appointing Anup Bagchi as its next MD & CEO for a three-year term. The stock was up around 1% in early trade. Why watch it: Banking stocks are leading today's rebound, and HDFC Bank's management change is an important near-term catalyst. Market view: Today's rise looks like a relief rebound after a prolonged correction, rather than confirmation of a full trend reversal. Investors should watch crude oil, FII flows and the RBI decision closely.