Mumbai, Dec. 5 -- The domestic indices ended with significant gains after the RBI cuts the repo rate by 25 basis points to 5.25%. The Nifty reclaimed strength, ending above 26,150 after slipping to an intraday low of 25,985.35. Investors monitored IPO activity, movements in crude oil, and global market cues, while attention remained on Friday's US PCE data, a key input for the Fed's policy outlook.

PSU Bank, IT, private bank shares advanced while media, consumer durables and pharma shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 447.05 points or 0.52% to 85,712.37. The Nifty 50 index added 152.70 points or 0.59% to 26,186.45. In the past two trading sessions, the Nifty and Sensex declin...