The Reserve Bank of India, under Governor Sanjay Malhotra, is relaxing lending rules. This aims to boost economic growth as inflation cools. Policy rates have been cut, and norms for retail lending have been eased. Credit growth had slowed, but these measures are expected to accelerate it. The RBI is also injecting more liquidity into the banking system.
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
Nifty could extend its recovery towards 23,500 if it decisively breaks above the 23,150–23,200 resistance zone, says SBI Securities’ Sudeep Shah. He also shares his
October 31, 2026