New Delhi, June 8 -- The Indian stock market ended with strong gains on Friday, after the Reserve Bank of India (RBI) cut repo rates by 50 bps, boosting market sentiment. The Nifty 50 ended 252 points, or 1.02 per cent, higher at 25,003.05, with 46 stocks in the green. The index snapped its two-week losing streak. Nifty Bank posted a stellar gain of 1.47 per cent on Friday and extended gains to the fourth consecutive session.

Sumeet Bagadia, Executive Director at Choice Broking, expects the Nifty 50 to extend gains to touch 25,600 and 26,000.

"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 ...