Stock market holiday, Oct. 1 -- The Indian stock market rallied on Wednesday, October 1, after the Reserve Bank of India (RBI) delivered a dovish pause in its fourth bi-monthly monetary policy for FY26. The RBI Governor headed Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5%, and maintain the policy stance at 'Neutral'. The benchmark indices Sensex and Nifty 50 gained nearly a percent each, and the Bank Nifty index jumped more than 1% after the RBI announced a slew of measures for the banking sector. After the rally, investors watch out for the market outlook for the next trading session. However, India will celebrate Dussehra and Mahatma Gandhi Jayanti on Thursday, 2 October 2025. Hence, the quest...
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