Sensex rises over 200 pts, Nifty above 24,650 ahead of RBI MPC meet outcome; auto, pharma stocks gain

Indian benchmark indices, Nifty and Sensex, opened marginally higher on Wednesday, October 1, as investors awaited the RBI MPC meeting outcome. The RBI is widely expected to maintain interest rates at 5.50%. If these gains persist, it would end an eight-day losing streak for frontline indices, with Auto and Pharma performing well.