The Indian stock market logged gains on Tuesday, October 10, amid rising oil prices. Notably, the corporate earnings season gets under way this week with the release of reports by Tata Consultancy Services and Reliance Industries. Recapping the benchmarks, the Nifty 50 added 0.28% to 10,016.95, while the BSE Sensex 30 closed 0.24% higher at 31,924.41. Among the top advancers on the Nifty 50, UPL and Lupin surged 3.37% and 2.12%, respectively. Among the underperformers, Indian Oil and Eicher Motors dropped 1.09% and 1.03%. On the BSE Sensex 30, Lupin and Power Grid outperformed the broader market, advancing 1.99% and 1.86%, respectively. Notable decliners included ICICI Bank and Tata Steel, which fell 0.96% and 0.93%, respectively. Meanwhile, the USD/INR currency pair contracted 0.31% to 65.225, while EUR/INR firmed 0.35% to 76.999. The 10-year government bond yield reached 6.769%. A leading India’s software provider Infosys increased 1.29% after the company's shareholders approved a share repurchase program worth INR 130 bn (USD 1.99 bn). Pharmaceutical Lupin soared to the highest level since July 31 after the US Food and Drug Administration approved its drug for treatment of hypertension. India’s leading software exporter Tata Consultancy Services dropped 0.25% in anticipation of the financial results due out on Thursday. From a technical standpoint, the BSE Sensex 30 has been trading in a sideways range of 31,100-32,500. Stochastic lines are buy-friendly, so the index still holds upside potential. $SENSEX, S&P BSE SENSEX INDEX / H4