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Why did market rise today? Sensex jumps 473 points, Nifty closes above 22,550: 6 key factors driving rebound

Economic Times 5 October 2026 at 06:02 am 1 min read 4 views Read Original
Why did market rise today? Sensex jumps 473 points, Nifty closes above 22,550: 6 key factors driving rebound

The Indian stock market recovered after eight weeks of losses, with Sensex gaining 473 points and Nifty 134 points. HDFC Bank appointed Anup Bagchi as its new CEO, boosting investor confidence. Oil prices fell below $102 per barrel due to increased supply and decreasing Fed rate hike concerns. The rupee strengthened amid easing oil prices, while bond yields also cooled down after recent highs.

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