Fri Oct 03 02:30:00 UTC 2025: **Summary:**

The Indian stock market is expected to open on a muted note, following a positive close in the previous session driven by the Reserve Bank of India’s (RBI) decision to hold the repo rate and revise economic forecasts. Global markets are showing mixed signals, with Asian stocks rising, Wall Street hitting record highs, and oil prices fluctuating. Foreign Institutional Investors (FIIs) were net sellers, while Domestic Institutional Investors (DIIs) were net buyers. The article provides a snapshot of the current market scenario, including key economic indicators and global market trends, and encourages users to stay updated with the latest financial news.

**News Article:**

**Indian Markets Set for Muted Open Amidst Mixed Global Cues**

Mumbai, October 3, 2024 – Indian benchmark indices, Sensex and Nifty, are likely to open on a muted note today, as indicated by GIFT Nifty trading near 24,952.50. This follows a strong performance yesterday, where the indices snapped an eight-day losing streak after the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.5%.

The RBI also revised its inflation forecast downwards to 2.6% and upward revision of GDP growth projection to 6.8%. The Sensex closed 715.69 points higher at 80,983.31, while the Nifty gained 225.20 points to close at 24,836.30.

Globally, Asian stocks opened higher, fueled by optimism surrounding artificial intelligence. Wall Street’s major indexes also hit record closing highs, buoyed by the technology sector. The Dow Jones Industrial Average rose 0.17%, the S&P 500 gained 0.06%, and the Nasdaq Composite increased by 0.39%.

However, oil prices are experiencing volatility, rising slightly after a recent decline, but remain on track for their steepest weekly drop since late June. Gold prices also retreated as the dollar strengthened.

Foreign Institutional Investors (FIIs) sold equities worth Rs 1,605 crore, while Domestic Institutional Investors (DIIs) bought equities worth Rs 2916 crore on October 1.

Investors are advised to consult with certified financial experts before making any investment decisions. Stay updated with the latest market trends and financial news on Moneycontrol for comprehensive coverage of business, markets, and personal finance.

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