Indian stock market, June 7 -- A larger-than-anticipated repo rate reduction, along with extra liquidity support via a CRR cut, boosted market sentiment, lifting both the Nifty 50 and Sensex by over 1% each.
The Nifty 50 advanced 252 points, or 1.02%, to settle at 25,003, while the Sensex surged 443 points, or 1%, to finish at 82,188. Today's RBI-driven rally helped flip the Nifty 50's weekly performance into positive territory with a gain of 1.02%, while the Sensex ended the week up by 0.91%.
The Indian stock market sentiment has turned positive as the Nifty 50 index has breached above 25,000 decisively.
" Once the benchmark index breaks above Friday's high decisively, we can expect the 50-stock index to touch 25,600 and 26,000 respec...
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