Indian markets break 8-day jinx, settle positively post RBI meet:Sensex jumps over 700 points; Nifty soars past 24,830 levels

On the third trading day of the week on Wednesday, October 01, 2025, the 30-share Sensex closed at 80,983.31 points, registering a gain of 715.69 points or 0.89%. Similarly, the 50-share Nifty ended the day on a stronger note at 24,836.30 points, rising by 225.20 points or 0.92%. Auto, banking IT shares – major Sensex winners The stocks of Tata Motors, Kotak Bank, Trent, Sun Pharma, Axis Bank, ICICI Bank, etc were among the major winners on the Sensex. In the sectoral indices, Nifty Media jumped nearly 4% Sector-wise, Nifty Media was the highest performer, rising by 3.97%. RBI keeps repo rate unchanged at 5.50% The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.50% at the 57th meeting of the Monetary Policy Committee (MPC) on Wednesday, October 01, 2025 Asian markets displayed mixed movement: FIIs remain net sellers in September Kusumgar Files DRHP for IPO Mumbai-based engineered fabric manufacturer Kusumgar Limited has filed a draft (DRHP) with Sebi for an IPO. Through this stake sale process, the company aims to raise ₹650 crore.