Markets Soar as RBI Delivers Big Rate Cuts

Markets rallied sharply on June 6 as the Sensex surged over 750 points and the Nifty crossed the 25,000 milestone. All sectoral indices traded in the green except media, with the realty index jumping 4%. In the Nifty Realty pack,

gained 6.7% and rose 6.62%. Among Nifty-50 constituents, and were top gainers, up 5.65% and 4.9% respectively. The sharp rally was triggered by the RBI policy announcement, where Governor Sanjay Malhotra declared a surprise 50 bps repo rate cut and a 100 bps CRR cut, aimed at frontloading liquidity. Realty and banking stocks led the surge, boosting overall market sentiment. Bank also hit a fresh all-time high of ₹1,996.3, adding to the bullish sentiment. Disclaimer: This post is for informational purposes only and does not constitute trading or investment advice.