Stock market today, Oct. 8 -- The domestic benchmark indices, Nifty 50 and Sensex, opened little changed on Wednesday, following four consecutive sessions of gains, as financials took a pause after a rally fueled by optimism from strong pre-earnings updates and the Reserve Bank of India's recent lending reforms.
The Nifty 50 saw a minor dip of 0.01%, settling at 25,105.15, while the BSE Sensex rose slightly by 0.06% to reach 81,977.69 as of 9:16 IST. Last week, the RBI's decision to allow banks to fund acquisitions and increase the cap on loans for purchasing shares in IPOs was part of various measures aimed at enhancing bank lending.
This, combined with encouraging pre-earnings updates from banks for the September quarter, had a positi...
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