New Delhi, Oct. 2 -- Stocks to buy for the short term: The domestic market benchmark Nifty 50 snapped its eight-session losing streak on Wednesday, October 1, after the Reserve Bank of India (RBI) maintained a status quo on policy rates and stance and projected a favourable growth-inflation outlook of the country till Q1FY27.

The Sensex ended the day 716 points, or 0.89 per cent, higher at 80,983.31, while the Nifty 50 settled at 24,836.30, up 225 points, or 0.92 per cent. The broader markets also participated in the recovery, as both midcap and smallcap indices gained over a per cent each.

The Nifty Bank and Financial Services indices rose 1.30 per cent and 1.38 per cent, respectively.

"The rebound was fueled by the Reserve Bank of In...