India's Nifty 50 experienced its best day in three weeks following the RBI's surprising 50 bps rate cut and CRR reduction. This boosted market sentiment, ending a two-week losing streak and spurring gains across sectors.

• RBI cut rates by 50 bps, CRR by 100 bps.
• Financials, real estate, and autos led gains.
• Railway stocks were an exception, facing profit-taking.