sensex nifty rally after rbi rate cut and strong global cues

Sensex, Nifty Rally After Rbi Rate Cut And Strong Global Cues

3 days   👁 18

Mumbai: Benchmark equity indices Sensex and Nifty surged in early trade on Monday tracking a rally in global markets and upbeat investors sentiment following the Reserve Banks jumbo rate cut of 50 basis points. The 30-share BSE Sensex jumped 480.01 points to 82,669 in early trade. The 50-share NSE Nifty surged 157.05 points to 25,160.10. From the Sensex firms, Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Infosys, HCL Tech, Tech Mahindra and Bajaj Finance were the biggest gainers.