Indian markets reopen after holiday break

Indian stock exchanges reopened following a holiday break, with market sentiment buoyed by the RBI’s positive outlook and unchanged rate stance.

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Indian markets reopen after holiday break

Indian markets reopen after holiday break
The BSE and NSE reopened for regular trading on October 3 following closures for Gandhi Jayanti and Dussehra. Market participants are closely observing global cues, institutional flows, and corporate earnings after the recent RBI policy meeting. The Reserve Bank of India kept the repo rate steady at 5.5%, signaling a balanced monetary stance. In response, the Nifty50 crossed 24,600 points, and the Sensex climbed over 500 points, reflecting investor optimism fueled by stable policy and positive economic indicators.