Stock market today, June 9 -- The Indian stock market extended its winning streak to the second straight session on Monday, June 9, largely led by financials, as investors turned their focus to the sector after the Rerserve Bank of India (RBI) delivered a deeper-than-expected 50 basis point cut in the repo rate and an unexpected 100 basis point cut in the CRR last week, lifting expectations that both surprise moves will help the credit recovery in the economy and a rebound in banks' earnings.

Amid this, all 12 constituents of the Nifty Bank index opened in the green, with stocks such as IDFC First Bank, Kotak Mahindra Bank, and Axis Bank gaining as much as 3%, pushing the index past the 57,000 mark for the first time to reach 57,049, up ...