New Delhi, June 9 -- Stock market today: Indian equities ended Friday with stellar gains after the RBI delivered a double bonanza-a surprise 50 basis point cut in the repo rate and a 100 basis point reduction in the cash reserve ratio (CRR)-raising hopes of stronger credit demand and a rebound in domestic growth.

The Nifty 50 rose 252 points, or 1.02%, to close at 25,003, while the Sensex gained 443 points, or 1%, to end at 82,188.

The move came as a surprise at a time when markets had been losing steam, with the Nifty slipping over the past two weeks amid concerns over stretched valuations and global trade uncertainty. Rate-sensitive sectors-led by real estate, financials, and auto-rallied sharply, while optimism around an above-normal...