Stock market today, Dec. 5 -- Stock market benchmark indices Sensex and Nifty 50 surged on Friday following a 25 basis point interest rate cut by the RBI aimed at further enhancing economic growth. After experiencing some volatility at the start of the session, the Sensex later rebounded, gaining 425.57 points to reach 85,698.23. The Nifty 50 also rose by 136.65 points to settle at 26,169 . 90.

The RBI's decision to lower interest rates by 25 basis points to 5.25% comes despite ongoing concerns regarding the rupee's depreciation, with the goal of further stimulating economic growth, which has surged to a six-quarter high of 8.2 percent in the second quarter of the current fiscal year.

This move is anticipated to make loans, including th...