Stock market today: Nifty50 above 24,900; BSE Sensex jumps over 700 points

Indian stock market experienced a surge following the Reserve Bank of India’s unexpected 50 basis points repo rate cut, bringing it to a three-year low of 5.5% to stimulate economic growth. The BSE Sensex climbed significantly, while the Nifty50 also saw gains. Indian stock market experienced a surge following the Reserve Bank of India’s unexpected 50 basis points repo rate cut, bringing it to a three-year low of 5.5% to stimulate economic growth. The BSE Sensex climbed significantly, while the Nifty50 also saw gains. 

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