Stock Market Today, 7 October 2026: GIFT Nifty, Sensex and Nifty Pre-Market Cues, FII DII Data and Stocks in Focus on RBI Policy Day

NSE pre-market report · Data as of 8:20 AM IST · NSE and BSE open at 9:15 AM IST

Good morning, and welcome to a big day. Pour the chai, because share market today is not an ordinary session — the RBI’s rate decision lands this morning. Here is the odd part: Wall Street closed at a record last night, but GIFT Nifty today is pointing the other way, trading at a discount to yesterday’s close. So we go into the open with a slight gap-down signal and one very large question mark.

Yesterday was kind to us. Nifty 50 and Sensex both rose almost 1% for a second straight session, with midcaps and smallcaps doing even better. The FII DII data keeps telling the same story it has told all year — foreigners selling, domestic funds absorbing. And with the Nifty weekly F&O expiry done and dusted yesterday, option writers have already begun building positions for next week.

Let us walk through everything, calmly and in plain numbers.

Global Market Cues Today: US Markets, Asian Markets, Crude Oil and Rupee

American markets had a quiet but happy session. The S&P 500 set a fresh record close as oil eased and bond yields cooled a little. That matters to us, because high US bond yields have been one of the big reasons foreign money has been leaving India.

US bond yields slipped slightly. The 10-year Treasury yield ended at 5.275% (down about 3.6 basis points), the 2-year at 4.791% and the 30-year at 5.647%. A basis point is one-hundredth of a percentage point, so these are small moves — but the direction helps.

Asia, however, is mixed this morning rather than cheerful.

So global market cues today are genuinely two-sided: a record US close behind us, a wobbly Asian morning around us.

Now the two numbers that decide a lot for India — crude oil and the rupee.

Brent has climbed back above $101 a barrel after two days of falling. India imports most of its oil, so costlier crude usually means a wider import bill, more pressure on the rupee and more worry about inflation — all of which the RBI will be thinking about today.

On the rupee: remember that a higher USD/INR number means a weaker rupee. At around 96.54 to the dollar, the rupee is near its weakest levels, after closing at 96.30 on 5 October. Elevated oil and steady foreign selling have both been pulling at it.

GIFT Nifty Today (SGX Nifty): The First Pre-Market Indicator

GIFT Nifty is the Nifty futures contract that trades at GIFT City in Gujarat. It used to be called SGX Nifty when it traded in Singapore. Because it trades for far longer hours than the NSE cash market, it is the first rough hint of where our market may open.

Reading it simply: GIFT Nifty is sitting roughly 100 points below yesterday’s Nifty close, and it is trading near its session low. That points to a soft, gap-down start. One honest caveat — it is an indication, not a promise. On RBI days especially, the first fifteen minutes often say very little about the rest of the day.

People search for Nifty prediction today at exactly this moment. We do not make predictions here. What we can give you is the data, the levels other people are watching, and the events on the calendar. What you do with that is your call, ideally with a registered advisor.

Nifty 50 and BSE Sensex Today: Previous Close

Tuesday was the second good day in a row, and the gains were broad — more stocks rose than fell, which is usually a healthier sign than a narrow, top-heavy rally.

The week change above is measured against the 1 October close (22,421.95 for Nifty and 71,909.70 for Sensex), since 2 October was a holiday for Gandhi Jayanti. So BSE Sensex today begins the session about 1,158 points higher than where last week ended.

Sector-wise, defensives did the heavy lifting while IT lagged.

And here is who moved within the Nifty 50 pack.

Outside the index, specialty chemicals names such as Alkyl Amines and Balaji Amines jumped sharply, and Honasa Consumer, Meesho, Trent and Dabur closed higher after putting out strong Q2FY27 business updates.

Nifty Support and Resistance Levels for Today

A quick explainer first, because these two words get thrown around a lot. Support is a price zone where buying has tended to show up in the past. Resistance is a zone where selling has tended to show up. They are simply levels that chart-watchers track. They are not guarantees, and they are not where the index “must” go.

These are the Nifty support resistance zones analysts are watching today — for reference, not forecasts.

India VIX measures how much movement traders expect over the next 30 days. It cooled to 13.61 from 15.69 on 1 October, which means the market is expecting calmer days than it was a week ago. Keep an eye on it after the RBI announcement — a surprise usually wakes VIX up in a hurry.

FII DII Data Today: Tuesday, 6 October 2026 (₹ Crore)

FIIs are Foreign Institutional Investors — overseas funds. DIIs are Domestic Institutional Investors — our own mutual funds, insurers and pension money, much of it arriving every month through SIPs.

The same tug-of-war, day after day. Here is how October has gone so far (2 October was a holiday, and 3–4 October was the weekend).

So FII DII data today shows foreign funds have pulled out about ₹17,145 crore from Indian cash equities this month, while domestic institutions have put in roughly ₹20,312 crore. Domestic money is more than filling the gap — and note that FII selling has shrunk each session, from ₹9,484 crore on 1 October to ₹2,961 crore yesterday.

For the bigger picture: foreign portfolio outflows from India in 2026 are approaching $30 billion, the heaviest year of foreign selling on record. Higher US bond yields, a weak rupee and expensive crude have all played a part.

Key Events Today: RBI Monetary Policy Decision

This is the one. The RBI’s Monetary Policy Committee met from 5 to 7 October, and the decision comes out today.

The repo rate is the rate at which the RBI lends short-term money to banks. When it goes up, loans and deposits across the system tend to get costlier over time, and rate-sensitive pockets of the market — banks, NBFCs, autos, real estate — usually react first.

A fair warning: the consensus is a hike, but the RBI has surprised markets before. Along with the rate itself, watch the policy stance and the RBI’s updated inflation and growth projections. Those often move markets more than the rate number does.

Also running in the background: the Q2FY27 results and business-update season has begun, which is why so many companies are in the news this morning.

Stocks in News Today: Stocks to Watch on 7 October 2026

These are factual developments reported in the last 24 hours. This is a news list, nothing more — no view, no call, no recommendation of any kind.

Why does a list like this matter? Because news tends to bring volume. A company with fresh information attached to it usually sees more trading activity, in F&O stocks to watch as well as in the cash market. Activity is not direction, though — a stock in the news can move either way, or barely move at all.

F&O Today: Nifty Expiry, Open Interest and F&O Ban List

Let us decode the jargon before the numbers.

Open interest (OI) is the total number of futures and options contracts currently open and not yet settled. Rising OI means new money is entering a strike price; falling OI means positions are being closed.

PCR, or put-call ratio, divides open puts by open calls. Above 1 means more puts are open than calls. Traders often read a high PCR as a sign of defensive positioning or of put writers feeling comfortable — but it is a crowd-mood gauge, not a signal.

Max pain is the strike price at which the largest number of option buyers would lose money if the index settled exactly there on expiry day. Markets sometimes drift towards it. Sometimes they ignore it completely.

MWPL is the market-wide position limit — the cap the exchange puts on total F&O positions in a single stock.

A PCR of 1.42 with max pain at 22,750 sits almost exactly where the index closed, and the heaviest call writing is just above, at 22,800. In plain words: option writers currently expect the index to stay close to home. The RBI decision is precisely the kind of event that can break that assumption.

Now, the Nifty expiry calendar, which confuses people constantly.

So yesterday was Nifty weekly expiry, which is why the option data above already reflects the 13 October series. Tomorrow brings the Sensex weekly expiry.

Finally, the F&O ban list today. When a stock’s open interest crosses 95% of its MWPL, the exchange bars new F&O positions in it. You can still square off what you already hold, but you cannot add fresh positions until OI falls back. NSE publishes the list before the open each day.

On 6 October, three stocks were under ban: Ambuja Cements, Bandhan Bank and Steel Authority of India (SAIL). Here is where MWPL utilisation stood at the latest reading, which decides who stays, who exits and who may enter.

We could not confirm NSE’s final ban list for 7 October at the time of writing, so please check the exchange’s own ban list on the NSE website before you place any F&O order today.

FAQs: Share Market Today (7 October 2026)

What is GIFT Nifty today?

GIFT Nifty was at 22,670.00 at 8:04 AM IST on 7 October, down 129 points or 0.57%. That is roughly 106 points below the Nifty 50’s spot close of 22,776.10, which points to a soft, gap-down start. It is an indication only, not a forecast.

What were the Nifty 50 and Sensex closing levels yesterday?

On 6 October 2026 the Nifty 50 closed at 22,776.10, up 220.35 points or 0.98%. The BSE Sensex closed at 73,067.81, up 685.34 points or 0.95%. It was the second straight positive session, and Nifty Bank ended at 55,128.

What are the Nifty support and resistance levels today?

Analysts are watching resistance around 22,822, then 22,855 and the 22,900–22,909 zone, with 23,000 above that. On the downside, the levels being tracked are 22,700, 22,653, 22,611 and the 22,500–22,514 zone. These are reference levels that chart-watchers follow, not predictions of where the index will trade.

What was the FII DII data for 6 October 2026?

FIIs were net sellers of ₹2,961.30 crore in the cash market (bought ₹11,258.70 crore, sold ₹14,220.00 crore). DIIs were net buyers of ₹5,088.90 crore (bought ₹20,146.40 crore, sold ₹15,057.50 crore). For October so far, FIIs are net sellers of about ₹17,145 crore and DIIs net buyers of about ₹20,312 crore.

When is the next Nifty expiry this week?

Nifty weekly options expire on Tuesdays, so yesterday, 6 October, was the weekly expiry and the next one is 13 October 2026. Sensex weekly options expire on Thursdays, which means tomorrow, 8 October. The monthly F&O series expires on the last Tuesday of the month, 27 October 2026.

Which stocks are in the F&O ban list today?

Ambuja Cements, Bandhan Bank and SAIL were under F&O ban on 6 October. At the latest MWPL reading, Ambuja Cements was at 93.73% and Bandhan Bank at 85.61%, so both could exit, while Kaynes Technology (88.54%) and LIC Housing Finance (87.62%) were closest to entering. NSE’s official list for 7 October was not confirmed at the time of writing — please check the NSE website before trading F&O.

What is the RBI expected to do today, and why does it matter for the market?

The RBI’s Monetary Policy Committee, which met from 5 to 7 October, announces its decision today. The repo rate is currently 5.25%, and economists widely expect a 25 basis point hike to 5.50% — which would be the first increase since February 2023. The reasoning being cited is inflation drifting towards 6%, Brent crude above $100 and a rupee near record lows. Rate-sensitive sectors such as banks, NBFCs, autos and real estate usually react first, and the policy stance plus the RBI’s revised inflation and growth projections often matter as much as the rate itself.

Data sources: NSE and BSE exchange data, GIFT Nifty and NSE option chain snapshots via NiftyTrader, FII/DII provisional cash market figures, Kotak Neo and Business Standard market reports, TheStreet US market close, TradingView and TradingEconomics quotes, ScanX stocks-in-news and MWPL data, and published RBI policy previews. All figures are as of the times stated and are subject to revision by the exchanges. Where a figure could not be verified, we have said so rather than guessed.

This report is for informational and educational purposes only and does not constitute investment advice. Please consult a SEBI-registered investment advisor before making any trading or investment decisions.