Sensex and Nifty rise after RBI repo rate cut
after close1 source ↓written by the desknot a recommendation
- 5.25%
- The Sensex rose
- 447.05 points
- 85,712.37
- the Nifty gained
- 152.7 points
- 26,186.45
Indian stock markets closed higher as the RBI cut the repo rate by 25 bps to 5.25%. The Sensex rose 447.05 points to 85,712.37, while the Nifty gained 152.7 points to 26,186.45. Analysts noted strong support in the 26,000–26,100 band, with a close above 26,300 needed for further upside.
Not investment advice. For informational purposes only.