Indian markets fell in early trade on Wednesday, October 7, 2026, after two sessions of gains. The PTI report published by DD India put the Sensex at 72,599.05, down 460 points, and the Nifty at 22,610.85, down 164.80 points. These are early-session figures, not closing levels.
How far did the Sensex and Nifty fall?
The DD India report, citing PTI, recorded these early-trade readings on October 7:
| Index | Early-trade level | Change |
|---|---|---|
| Sensex | 72,599.05 | Down 460 points |
| Nifty | 22,610.85 | Down 164.80 points |
The report does not present these as the market’s closing results. It is a snapshot from early trade.
What happened in the previous two sessions?
The decline followed two sessions of gains. On Tuesday, October 6, the Sensex closed at 73,067.81, up 685.34 points, or 0.95%. The Nifty closed at 22,776.10, up 220.35 points, or 0.98%, according to the same PTI report.
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What factors did the report cite?
The report described a spike in crude oil prices and investor caution ahead of the Reserve Bank of India’s Monetary Policy Committee decision, which was due later on October 7. It also noted lower Asian markets and foreign institutional investor (FII) selling. These were reported as market context, not proof that any one factor alone caused the decline.
- Brent crude was reported 1.01% higher at USD 101.6 per barrel.
- FIIs sold equities worth Rs 2,961.30 crore on Tuesday, October 6.
Both figures are those reported by PTI and published by DD India; they are not independently verified here.
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Which stocks were moving against the broader market?
Titan, Asian Paints, Bharat Electronics, Maruti, Axis Bank, and Mahindra & Mahindra were among the laggards named in the report. Bajaj Finance and Bharti Airtel were among the gainers. The report did not provide individual stock price changes in the figures summarized here.
What analysts said ahead of the RBI decision
The report carried comments from two market professionals. Their remarks were commentary, not statements from the RBI.
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One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware match“Brent crude is back above USD 101 and there are no signs of any reversal in FPI outflows. Domestic liquidity and expectations of good Q2 numbers are supporting the market. The focus of the market today will be on the monetary stance and the message from the RBI Governor,” said V K Vijayakumar, Chief Investment Strategist at Geojit Investments Limited.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.“Geopolitical risks remain elevated, while crude oil prices have rebounded modestly from recent lows. WTI crude is trading near USD 90 a barrel, while Brent remains above USD 100. The Reserve Bank of India’s Monetary Policy Committee decision due later today is likely to be the key domestic catalyst,” said Ponmudi R, CEO of Enrich Money.
Was the RBI’s policy decision known?
No. In the early-trade report, the decision was still pending and was described as due later that day. The report therefore does not establish the eventual policy outcome.
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