India's Stock Markets Rally on RBI Support, Global Optimism

Published 1 year ago

Nifty 50 and Sensex rise 0.4% on RBI policy, global cues; all 13 sectors advance, financials lead.

Private banks surge 1.1%, PSU banks jump 1.6% post-RBI rate/CRR cuts, boosting non-bank lenders.
Manappuram, Muthoot Finance hit records as RBI eases gold loan norms, analysts predict growth boost.
Small/mid, caps rally 1%-1.4%, IT firms up 1% on U.S. jobs data, trade tension hopes lift risk appetite.

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