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The Hindu
Stock markets climb in early trade on buying in blue-chips
Indian benchmark indices, Sensex and Nifty, experienced an uptick in early trading, largely due to significant buying in blue-chip stocks such as Reliance Industries and ICICI Bank. Analysts attribute this increase to a favorable shift in crude oil prices, which has alleviated concerns regarding inflation. Despite escalating regional tensions, market sentiments remain optimistic following the cooling of oil prices, a key indicator for the economy.
MonitorConfidence: HighShort term horizon
Published 10 Jun 2026, 05:35 UTC1 min read
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Summary
TL;DR
- Sensex up by 303.73 points to 74,222.49.
- Nifty increased by 85.40 points to 23,327.50.
- Reliance Industries and ICICI Bank led the blue-chip stocks.
- Brent crude oil prices eased to around $91.90 per barrel.
- Foreign Institutional Investors sold equities worth ₹4,566.03 crore.
Interesting facts
- The cooling of crude oil prices is seen as favorable for India's inflation outlook.
- The market is largely overlooking geopolitical tensions, indicating resilience.
What changed
The stock market indices have risen due to favorable buying patterns in blue-chip stocks and lower crude oil prices.