June 6, 2025 5:05 PM
RBI’s rate cut boosts markets; Nifty closes above 25,000
India’s benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced the repo rate by 50 basis points to 5.50 per cent and the cash reserve ratio (CRR) by 100 basis points, in four tranches. The Sensex gained 746.95 points, or ...