RBI’s reforms may cause Indian markets to see another strong day in green, today

Indian equity markets may see another day in green today, 3^rd October, after the gains of Wednesday. The host of reforms announced by RBI on Wednesday will continue to give a boost to market sentiments today too. The Rs 10,000 crore cap on lending by a bank to one company has been removed. Banks can now also give loans for mergers & acquisition financing. Banks can lend up to an increased limit of Rs 25 lakhs, from the Rs 10 lakhs earlier, for IPO participation by an investor. The requirement that companies should raise at least 10% of their debt through corporate bonds has also been done away with. Banks and their subsidiaries can now do overlapping lending too. The central bank also said that it will take steps for internationalization of Indian currency. Risk weights on loans given by banks to MSMEs has also been reduced.

Sentiments in Indian markets will also get a boost from the high demand that automobile companies and consumer durable companies saw in this Navratri – Dussehra season. This jump in demand was driven by the GST cuts that came into force on the first day of Navratri.

US markets close the day in green in spite of government shutdown

US markets closed the day in green yesterday, 2^nd October. Nasdaq ended the day, up by 88.89 points or 0.39%. Dow Jones ended the day, up by 78.62 points or 0.17%. S&P 500 ended the day, up by 4.15 points or 0.062%. US markets gained yesterday in spite of continued US government shutdown for the second day.

European markets also ended the day in green, yesterday. Euro Stoxx 50 ended the day, up by 64.60 points or 1.16%. Dax ended the day, up by 308.94 points or 1.28%. FTSE 100 ended the day, down by 18.70 points or 0.20%.

Nikkei shoots up in early trade

Nikkei 2025 is shooting up today. At 9:00 a.m. IST, 3^rd October, 2025, it is up by 647.81 points or 1.44%. Hang Seng is down by 226.65 points or 0.83%. Chinese markets are closed today for Autumn Day Festival Holiday. South Korean market is closed today for National day holiday.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE