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News for India > Business > Stock recommendations for 7 October from MarketSmith India | Stock Market News
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Stock recommendations for 7 October from MarketSmith India | Stock Market News

Last updated: October 7, 2026 6:01 am
1 hour ago
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On 6 October, Indian equities ended firmly higher, extending the recovery from the previous session. Nifty 50 gained 220.35 points, or 0.98%, to 22,776.10, finishing at the day’s high after opening at 22,603.25 and holding above its previous close of 22,555.75. Sensex also traded strongly, supported by improving risk appetite. Market breadth was notably positive, with 2,455 stocks advancing, 1,125 stocks declining, and 115 remaining unchanged. This translates into an advance-decline ratio of about 2.18:1 and indicates broad participation beyond index heavyweights. On the sectoral front, Pharma (+1.66%), Oil & Gas (+1.58%), Private Banks (+1.41%), and FMCG (+1.40%) led gains. On the other hand, T (-0.59%), Realty (-0.27%), and PSU Banks (-0.08%) lagged. Trent was among the standout gainers while technology counters remained under pressure.



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