Indian benchmark indices are likely to open on a cautious note on October 7, with GIFT Nifty indicating a marginally lower opening around 22,743.50 in early trade.

The domestic market extended its recovery for the second consecutive session on October 6, with the Nifty reclaiming the 22,700 mark and the Sensex gaining over 600 points. Broad-based buying and supportive global cues aided the rebound and improved overall market sentiment.

Further, investors would remain cautious ahead of the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting outcome.

On Tuesday, the 30-share benchmark index was trading at 73067.81 up by 685.34 points or by 0.95 % and then NSE Nifty was at 22776.1 up by 220.35 points or by 0.98 %.

On the global front, Asia-Pacific markets were trading lower as Brent crude continued to trade near $100-per-barrel mark. The Nikkei 225 and the KOSPI fell 0.36 per cent and 0.76 per cent, respectively.

Overnight, after scaling fresh highs, the S&P 500 and the Nasdaq 100 ended 0.58 per cent and 0.48 per cent higher, with AI-led shares leading gains. The Dow Jones Industrial Average settled 0.49 per cent higher.

Back home, Top traded Volumes on NSE Nifty – Kotak Mahindra Bank Ltd. 40021922.00, Eternal Ltd. 27075757.00, HDFC Bank Ltd. 26568270.00, ITC Ltd. 22132738.00, Oil And Natural Gas Corporation Ltd. 19173994.00,

On NSE, total number of shares traded was 432.14 Crore and total turnover stood at Rs. 109747.99 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 67813 with a total turnover of Rs. 10366.10 Crore. Along with this total number of contracts traded in stock futures were 811412 with a total turnover of Rs. 52697.93 Crore. Total numbers of contracts for index options were 318742634 with a total turnover of Rs. 46998618.00 Crore. and total numbers of contracts for stock options were 4969589 with a total turnover of Rs. 333870.95 Crore.

The FIIs on 06/10/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 16921.22 Crore and gross debt purchased stood at Rs. 787.82 Crore, while the gross equity sold stood at Rs. 21083.88 Crore and gross debt sold stood at Rs. 556.24 Crore. Therefore, the net investment of equity and debt reported were Rs. -4162.66 Crore and Rs. 231.58