The stock market started slow on Wednesday on the third trading day of the week, but the market move suddenly changed as soon as the results of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI). The major changes made by GDP growth and inflation by Governor Sanjay Malhotra filled the market with enthusiasm and the Sensex rose 680 points to 80,948 levels, while the Nifty jumped 200 points to a jump of 200,800.
Sudden stormy boom
The BSE’s 30 -share Sensex was opened at 80,173.24, but the index gained momentum soon after the RBI Governor’s announcement of increasing the estimate of India’s GDP growth and decreasing inflation. By the time the news was written, the Sensex was trading at 80,948 by climbing 680 points. The Nifty Index of the National Stock Exchange (NSE) was also open at 24,620.55 compared to its previous closure of 24,611.10 and it suddenly jumped around 200 points, holding a sudden high speed like the Sensex.
Big announcements of RBI which gave the market ‘boost’
The central bank kept the repo rate stable at 5.5% for the second consecutive time, but made many positive announcements about the Indian economy, which filled tremendous enthusiasm among investors:
GDP growth increase in estimates: RBI has increased India’s GDP growth estimate from 6.5% to 6.8% for the financial year 2026 (FY26). Governor Sanjay Malhotra said that this change has been made due to GST reforms, increase in domestic demand, constantly increasing investment and stable economic environment.
Inflation reduced estimates: Good news has been given by RBI regarding retail inflation. The estimate of retail inflation has been reduced from 3.1% to 2.6%. The central bank has also described the GST reforms implemented in the country as the main reason for this.
Q2 estimated from 2.1% to 1.8%.
Q3 was estimated from 3.1% to 1.8%.
Q4 was estimated from 4.4% to 4%.
The loan limit increased in lieu of shares: RBI has now increased the loan limit from ₹ 20 lakh to ₹ 1 crore in exchange for shares. This announcement had a direct positive impact on the stock market.
Auto cells figures: Fantastic figures of auto cells have also started coming; Mahindra & Mahindra sold 16% more units last month.
Top gainer share
In the midst of this stormy boom in the market, many largecaps and midcap stocks saw a huge jump. Shares like Tata Motors and Kotak Mahindra Bank made a tremendous jump.
Shares (Company) Houf (in percentage) Tata Motors 4.20% Trent 3.30% Kotak Bank 2.90% Sunpharma 2.25% Axis Bank 2.22% ICICI Bank 1.80% HDFC Bank 1.50% Sun TV (MIDCAP) 6.98% GILLETTE (MIDCAP) 3.81% cochin shipyard (Midcap) 3.54%
These positive attitudes of the RBI have indicated that the Indian economy remains strong, which has further increased the trust of investors.
