BusinessIndian Equities Rise on October 6 Amid Global Cues and Bargain Hunting
On October 6, Indian equities closed higher driven by positive global cues, bargain hunting after eight weekly declines, and easing crude oil prices. Softer US employment data lowered Federal Reserve rate hike expectations, boosting Asian markets. Nifty reclaimed 22,500 with strong gains in consumer and financial stocks. Pharma and healthcare sectors declined, while IT remained flat. Risks include crude prices, US bond yields, rupee weakness, and foreign outflows.
Mint Markets·




