India, Oct. 6 -- UK stocks opened on Tuesday, October 6, with a gain, as the FTSE 100 Index and the FTSE 250 Index were showing gains due to a rise in equity markets across the globe, decline in oil prices, and corporate updates. The FTSE 100 Index was trading at 10,585.76, up by 0.84%, and the FTSE 250 Index at 24,266.35, up by 0.59%. This followed an impressive session on Wall Street, where the Nasdaq made fresh highs.

Why Is UK Stock Market Up Today?

The key driver behind the FTSE 100 remains better performance in equity markets across the world. The tech shares of America continued to surge, with Nasdaq hitting a record closing high. Nvidia surged by 2% while Tesla, Meta Platforms and Microsoft saw gains as well.

With the aid of po...