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Bank stocks lift mkt after 8-day slump
Business Standard
|October 02, 2025
Indian equity benchmarks on Wednesday snapped an eight-day losing streak, led by gains in banking stocks as the Reserve Bank of India (RBI) unveiled a slew of measures to improve credit flow in its monetary policy announcement.
The Sensex ended the session at 80,983, up 716 points, or 0.9 percent. The Nifty50, meanwhile, closed at 24,836, 225 points, or 0.9 percent higher. Over the previous eight sessions, the Sensex has declined 3.3 percent and the Nifty by 3.2 per cent. The combined market capitalisation of BSE-listed firms rose by %3.9 trillion to %453.5 trillion.
The RBI kept its benchmark rates on hold for the second consecutive time on Wednesday. The central bank also announced 22 additional measures to strengthen the banking sector and improve credit flow.
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