Nifty surges 152 points as RBI rate cut sparks broad-market rally

The Indian equity market witnessed a strong up-move today as the Nifty 50 climbed more than 152 points to close around 26,186, lifted by renewed optimism after the Reserve Bank of India announced a 25-basis-point cut in the repo rate. The rate cut, which brings the benchmark rate to 5.25%, boosted sentiment across Dalal Street as investors welcomed the central bank’s attempt to stimulate economic growth amid a stable inflation backdrop. The positive momentum was visible across most sectors, especially banks, autos and real estate, which typically respond quickly to monetary easing. The market also recovered the losses seen earlier in the week, signalling a shift in near-term sentiment from caution to confidence. With lower borrowing costs expected to support corporate profitability and consumer demand, traders turned bullish on the broader economy. The rally also pushed the Sensex above 85,700, reflecting broad-based buying and suggesting that the market may be entering a more favorable phase as liquidity improves and growth prospects strengthen Disclaimer: Investments in securities are subject to market risk. This is for educational purposes must verify information before investing and consider their financial position & risk profile. please read full disclosure disclaimer in given link