On Tuesday, October 6, the Indian benchmark indices closed in positive territory for the second consecutive session, with the SENSEX ending higher by 685.34 points or 0.95% at 73,067.81. The 50‑share NIFTY50 gained 220.35 points or 0.98% to close at 22,776.10, both reaching intraday highs. Investor sentiment improved as global crude oil prices fell, with Brent crude futures for December delivery declining as much as 2.4% to an intraday low of $97.91 per barrel, supporting market buying in capital market, chemicals and defence stocks.

The NIFTY50 top gainer was Trent, which closed 12.64% higher after the Tata Group retailer reported a strong business update for the September quarter of the 2026‑27 financial year (Q2 FY27). In its provisional update shared on Monday, Trent said its standalone revenue from operations, excluding GST, rose 23% year‑on‑year to ₹5,788 crore in Q2 FY27, compared with ₹4,724 crore a year ago. Revenue from merchandise sales, excluding other operating income, also grew 23% during the quarter.

Following Trent, BSE rose 3.94%, Kotak Mahindra Bank 3.82%, Nestle India 3.42% and Hindustan Unilever Ltd 3.09%. Kotak Mahindra Bank’s stock climbed after its business update showed net advances surged 24.7% year‑on‑year to ₹5,77,094 crore, versus ₹4,62,688 crore a year earlier. The private bank’s CASA deposits also rose 11.3% year‑on‑year to ₹2,49,105 crore from ₹2,23,791 crore in the same period a year earlier.

Top losers on the NIFTY50 included Coal India at –3.16%, Tech Mahindra at –2.04%, Max Healthcare Institute at –1.58%, Tata Motors PV at –0.99% and UltraTech Cement at –0.92%. In the midcap segment, the NIFTY Midcap 100 advanced 1.08% to close at 59,761.20, with Motilal Oswal Financial Services leading gains at 6.93%, followed by Tube Investments of India at 6.58%, PB Fintech at 6.01%, Bharat Heavy Electricals Ltd at 5.36% and Meesho at 5.08%.

Meesho’s shares rose after the e‑commerce firm reported a 152% year‑on‑year growth in net merchandise value through its content commerce ecosystem, supported by over 1.6 lakh active creators across India. About 90% of Meesho’s creators are nano, with 81% from non‑metro areas. In contrast, Phoenix Mills fell 2.66%, Federal Bank 2.25%, KEI Industries 1.74%, Kalyan Jewellers India 1.56% and Lenskart Solutions 1.12% were the top laggards in the midcap index.

In the small‑cap segment, the NIFTY Smallcap 100 ended at 19,448.70, up 299.60 points or 1.56%. Urban Company led gains at 8.47%, followed by PG Electroplast at 8.19%, Welspun Corp at 6.92%, Deepak Fertilizers and Petrochemicals Corporation at 6.65% and Wockhardt at 5.35%. Bandhan Bank dropped 3.11%, Ola Electric Mobility 1.85%, Great Eastern Shipping Company 1.64%, Redington 1.57% and City Union Bank 1.52% were the top losers in the small‑cap index.