Economy

Sensex and Nifty Rally as Softer US Jobs Data Boosts Markets

Hindustan Times43m
THE BRIEF
1

Indian benchmark equity indices ended higher on October 5, 2026, driven by softer-than-expected US jobs data that reduced expectations of aggressive monetary tightening by the Federal Reserve.

2

The BSE Sensex jumped 472.77 points, or 0.66 per cent, to settle at 72,382.47, while the NSE Nifty climbed 133.80 points, or 0.60 per cent, to close at 22,555.75.

3

Anup Bagchi is set to become the next chief executive and managing director of HDFC Bank for a three-year term beginning October 27 after receiving clearance from the Reserve Bank.