News – The Bonus Market Update: Stock market brightened due to RBI’s rate cut, Sensex up 447 points

Stock market benchmark indices Sensex and Nifty rose on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rates for the first time in six months. Also, steps were taken to increase liquidity to support the ‘Goldilocks’ economy in the wake of higher US tariffs. Gaining for the second consecutive day, the 30-share BSE Sensex closed at 85,712.37 points, up 447.05 points or 0.52 percent. During trading it increased by 531.4 points or 0.62 percent to reach 85,796.72 points. The 50-share NSE Nifty rose 152.70 points or 0.59 percent.