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Context
What happened: GIFT Nifty signalled a positive open for Indian indices on Tuesday, 6 October, after Sensex and Nifty ended higher on Monday, snapping a recent losing streak.
Key numbers: Sensex rose 472.77 points, or 0.66%, to 72,382.47. Nifty gained 133.80 points, or 0.60%, to 22,555.75. GIFT Nifty traded near 22,663, up about 81 points.
Why it matters: Analysts cited easing crude prices as support for sentiment. Technical views flagged Nifty support at 22,400 and resistance near 22,600, with Sensex holding above 71,800 to 72,000 seen as sustaining recovery.
What changed
GIFT Nifty signalled a positive open for Indian indices on Tuesday, 6 October, after Sensex and Nifty ended higher on Monday, snapping a recent losing streak.
Why it matters
Analysts cited easing crude prices as support for sentiment. Technical views flagged Nifty support at 22,400 and resistance near 22,600, with Sensex holding above 71,800 to 72,000 seen as sustaining recovery.