Share Market News: From the market to the economy, the country received 6 good news stories

Share Market News: As the month of October began, India's economy has experienced a positive mood. The stock market boom, increased GST collections, a surge in auto sales, a hike in dearness allowance for central government employees, and policy announcements by the Reserve Bank of India (RBI) have given the country's economy a new impetus. Additionally, steps to internationalize the rupee have also led to improvements in the foreign exchange market. Let's take a closer look at all these aspects.

A Strong Rise in the Stock Market

The stock market performed resoundingly well on October 1st. The Bombay Stock Exchange (BSE)'s key index, the Sensex, broke its eight-day losing streak, closing at 80,983.31 with a gain of 715.69 points. The National Stock Exchange (NSE) Nifty 50 also gained 225.20 points to reach 24,836.30. This gain generated profits of ₹389,846.24 crore for investors. This surge came as the stock market had fallen more than 3% in the previous eight days.

Improvement in Rupee

On Wednesday, the Indian rupee closed at 88.71 per dollar, improving 9 paise from its all-time low in the interbank foreign currency exchange market. This improvement came after the RBI announced measures to support exporters and stabilize the domestic currency in its monetary policy review. The rupee opened at 88.79 and closed at 88.71 after touching a high of 88.65 during trading. It had reached a low of 88.80 on Tuesday.

GST Collection Increased by 9%

GST collections increased by 9% to ₹1.89 lakh crore in September 2025. This increase was due to the rationalization of GST rates and increased sales. Growth was recorded at 9.1% on a year-on-year basis and 1.5% on a monthly basis. It was ₹1.73 lakh crore in September 2024 and ₹1.86 lakh crore in August 2025. Following the GST 2.0 reforms implemented on September 22nd, prices of 375 items, including kitchenware, electronics, pharmaceuticals, and motor vehicles, decreased. Gross domestic revenue increased by 6.8% to ₹1.36 lakh crore in September 2025, and import taxes increased by 15.6% to ₹52,492 crore. GST refunds also increased by 40.1% to ₹28,657 crore. Net GST collections were ₹1.60 lakh crore, a 5% increase over last year.

Record Growth in Auto Sales

Reducing vehicle prices due to GST rate cuts led to a surge in demand during Navratri. Companies like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra reported strong sales in September. Maruti Suzuki's retail sales were 1.73 lakh units, a 27.5% increase over last year. Tata Motors' wholesale sales increased by 45% to 59,667 units, and Mahindra & Mahindra's by 10% to 56,233 units. Hyundai Motor India sold 51,547 units, a marginal increase compared to last year. Toyota Kirloskar Motor sold 27,089 units, and Nissan Motor India sold 10,500 units, while Kia India's sales declined by 3% to 22,700 units.

RBI Policy Announcements

While interest rates remained unchanged at the RBI's monetary policy meeting, future rate cuts were indicated. Governor Sanjay Malhotra stated that GST reforms and lower food prices would ease inflationary pressures. The inflation forecast for FY2026 was lowered from 3.1% to 2.6%. To increase loan flow, the loan-against-share limit was raised from ₹20 lakh to ₹1 crore, and the IPO financing limit was raised to ₹25 lakh. These steps are being seen as incentives for the banking sector.

Dearness Allowance Gift to Central Government Employees

The central government increased dearness allowance (DA) and dearness relief (DR) by 3% for 49.19 lakh employees and 68.72 lakh pensioners. This increase is effective from July 1, 2025, and now DA/DR amounts to 58% of basic pay/pension. This decision will result in an annual burden of ₹10,083.96 crore on the exchequer. This increase is based on the Seventh Pay Commission formula.