By Admin 
Share Market News: The decline in the Indian stock market for the last eight days finally got a break. On 1 October, the 30 -point BSE Sensex index gained 715.69 points or 0.89 per cent to close at 80,983.31 points. The Nifty 50 index closed with a green mark with a green mark with a gain of 225.20 points or 0.92 percent.
After the decision of the Monetary Policy Committee of the Reserve Bank of India, the market saw a boom. Although there was a fluctuations in the index before the RBI decision, it later saw a boom. Investors expressed confidence in the Indian stock market. Due to which there was greenery in the stock market.
Top gainer of BSE Sensex
- Tata mortus
- Kotak bank
- Tent
- Sunforma
- axis Bank
BSE Sensex’s top loser
1. Bajajfinance
2. SBIN
3. Tatastiil
4, asian paint
5. Maruti
What is the reason for the boom in the stock market?
The RBI retained the repo rate at 5.5 percent, after which investors purchased bank shares. Due to which the stock market saw a rise. At the same time, investors continued to purchase at the lower levels despite the ongoing decline in the last eight trading. Due to which the market situation improved and finally it closed on the green mark.
The RBI Governor informed that the committee has decided not to make any changes in the interest rates. The repo rate has not been cut in any way. Due to no change in the repo rate, the shopping people have been disappointed by taking loans in the festive season.
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