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Stock market prediction for tomorrow: Sensex, Nifty outlook for Wednesday | Kospi, Taiwan cues to watch | 7 Oct 2026
Sensex, Nifty outlook plus Kospi and Taiwan cues drive tomorrow's market prediction.
Context
What happened: Indian equities rose for a second straight session on October 6, with banks leading and global cues helping sentiment before the RBI policy decision. The Nifty 50 gained 1% to 22,776 and the Sensex rose 1% to 73,067.
Key numbers: Nifty 50 +1% at 22,776. Sensex +1% at 73,067.
Why it matters: Attention shifted to the RBI outcome, with most surveyed economists expecting a 25-basis-point hike, the first since February 2023. Analysts see the 22,800-22,850 zone as immediate resistance for the Nifty, with elevated crude, rising US yields, FII selling and a weak INR
What changed
Indian equities rose for a second straight session on October 6, with banks leading and global cues helping sentiment before the RBI policy decision. The Nifty 50 gained 1% to 22,776 and the Sensex rose 1% to 73,067.
Why it matters
Attention shifted to the RBI outcome, with most surveyed economists expecting a 25-basis-point hike, the first since February 2023. Analysts see the 22,800-22,850 zone as immediate resistance for the Nifty, with elevated crude, rising US yields, FII selling and a weak INR