Sensex, Nifty Stage Gap-Up Opening As Oil Prices Fall, US Rate Hike Fears Ease

Equity benchmark indices opened higher on October 5, 2026, as concerns over aggressive US rate hikes eased and oil prices fell.

The BSE Sensex opened at 72,340.95, gaining 431.25 points, or 0.60 per cent, from the previous close. The NSE Nifty 50 started at 22,532.40, up 110.45 points, or 0.49 per cent.

The rebound came after the benchmarks posted losses for eight consecutive weeks, falling around 8-9 per cent during the period. The prolonged correction also eroded investor wealth by around Rs 28 lakh crore.

The recovery was broad-based, with the Nifty Midcap 100 and Nifty Smallcap 100 also gaining nearly half a per cent at the open. The Nifty 500, which represents more than 92 per cent of the total free-float market capitalisation of NSE-listed companies, was up 0.45 per cent.

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