The Sensex gained 514 points and the Nifty rose 0.67 per cent on Tuesday as investors positioned themselves ahead of the Reserve Bank of India’s monetary policy decision on October 7, according to The Hindu BusinessLine’s market live blog.

Bond markets are pricing in a 25 basis point repo rate hike and a temporary 50 basis point hike in the cash reserve ratio, Murthy Nagarajan of Tata Asset Management said. The market has already factored in about 100 basis points of rate hikes in the current cycle.

Axis Bank shares rose over 1 per cent to Rs 1,240, with total deposits of Rs 14,521 billion as of September 2026. Rentomojo posted a June-quarter net profit of Rs 7.8 crore, down from Rs 12.8 crore a year earlier.

Crude oil futures traded higher on Tuesday morning after Houthi attacks on Saudi Arabia, with December Brent at $100.58. Anand Rathi’s Pradeep Gupta said markets may stay cautious in the near term but the long-term outlook remains positive.