Markets Cheer RBI's Surprise Rate, CRR Cuts; Nifty Crosses 25,000

Optimism gripped Dalal Street on June 6 after the RBI unexpectedly slashed the repo rate by 50 bps and CRR by 100 bps. The Nifty crossed the 25,000 mark as banking, realty, and auto stocks rallied, with Bank Nifty hitting a record high amid easing inflation and growth-focused policy moves.