Mumbai, June 6 -- The key domestic benchmarks ended with major gains today, extending their rally for the third straight session in a row, after the RBI cut the repo rate by 50 bps to 5.50%, amid a favorable domestic environment. Looking ahead, the MPC will closely monitor evolving domestic and global conditions to guide future policy moves. Market participants are expected to track bond markets and global trade dynamics. The Nifty settled around the 25,000 level.

Barring media index all the sectoral indices on the NSE were ended in green with realty, banking and metal stocks advancing the most.

As per provisional closing data, the barometer index, the S&P BSE Sensex, surged 746.95 points or 0.92% to 82,188.99. The Nifty 50 index jumped...