New Delhi, June 6 -- Indian benchmark indices Sensex and Nifty ended higher on June 6, reversing early losses after the Reserve Bank of India (RBI) surprised markets with a larger-than-expected 50 basis points repo rate cut in its June monetary policy review. The RBI-led Monetary Policy Committee (MPC), under Governor Sanjay Malhotra, also shifted the policy stance from 'Accommodative' to 'Neutral', a move that sparked optimism across sectors and lifted investor sentiment.

The benchmark Sensex climbed 534 points to its intra-day high of 81,975.79, while the Nifty added 175 points to its day's high of 24,925.95. The positive momentum extended to the broader markets as well, with the Nifty Midcap index rising 0.5 percent and the Nifty Smal...