# Stock Market Prediction for 5 Oct Monday

> Sensex and Nifty drop as global cues weigh on Indian markets.
- Title: Stock Market Prediction for 5 Oct Monday · mint | Shortify
- Summary: Sensex and Nifty drop as global cues weigh on Indian markets. Indian stock markets declined for the fourth straight session as FII selling, bond yields, and…
- Keywords: sensex, nifty, dow jones, nasdaq, kospi, nikkei, taiwan, fii, crude oil, bond yields, us iran war, rbi mpc meeting
- Source: mint — https://livemint.com/market/stock-market-news/stock-market-prediction-for-tomorrow-5-oct-monday-sensex-nifty-outlook-dow-jones-nasdaq-kospi-nikkei-taiwan-cues-11791044203935.html
- Author: Vaamanaa Sethi
- Published: 2026-10-04T04:39:44+00:00
- Read time: 1 min
- Topics: sensex, nifty, dow jones, nasdaq, kospi, nikkei, taiwan, fii, crude oil, bond yields, us iran war, rbi mpc meeting
## Market Decline
The Sensex fell 570.59 points, or 0.79%, to close at 71,909.70 on Thursday.
## Weekly Trend
The Indian stock market extended its corrective phase for the eighth consecutive week, ending sharply lower amid persistent selling pressure and weak global cues.
## Sensex Performance
The Sensex plunged 1,670.84 points, while the Nifty declined more than 3% over the week.
## FII Selling
Sustained FII selling, elevated bond yields, and a fresh surge in crude oil prices dampened investor sentiment.
## Nifty 50
The NSE Nifty 50 dropped 198.50 points, or 0.88%, to settle at 22,421.95 on Thursday.
## Technical Analysis
Sachin Gupta noted the Sensex remains below the 50-Day EMA at 75,544.56 and 200-Day EMA at 77,684.60, with RSI at 24.55 indicating oversold momentum.

> On the daily chart, the index remains below the 50-Day EMA at 75,544.56 and 200-Day EMA at 77,684.60, while RSI has slipped to 24.55, indicating deeply oversold momentum.
## Nifty Outlook
Ajit Mishra predicted the Nifty could rebound near 22,800 with a target of 23,100-23,200, but a break below 22,000 risks further decline.

> While the broader trend remains negative, the combination of key technical supports and oversold conditions could trigger a near-term rebound.
## US Markets
US stocks ended higher on Friday with weaker-than-expected jobs data reducing expectations of a Federal Reserve rate hike.
## Nasdaq Performance
The Nasdaq Composite advanced 319.27 points, or 1.2%, to close at 27,190.86, marking its third consecutive weekly gain.
## Kospi Decline
South Korean equities fell 77.18 points, or 1.1%, from the previous week to end at 7,003.74, as gains in semiconductor stocks were insufficient.
## Nikkei Performance
The Nikkei 225 fell 0.87% by the close in Tokyo, with Resonac Holdings Corp gaining 8.71% to finish at 17,280.
## Taiwan Market
Taiwan’s TAIEX index rose 122 points, or 0.3%, to end Friday’s session at a fresh record high of 48,476.
## Key takeaway

Indian stock markets declined for the fourth straight session as FII selling, bond yields, and crude oil prices pressured investors.