RBI's Surprise 50 Bps Rate Cut Fuels Market Frenzy, Sensex and Nifty Hit New Highs
Dalal Street witnessed a spectacular rally on Friday, June 6, 2025, as the Reserve Bank of India delivered a larger-than-anticipated 50 basis point repo rate cut and a substantial 100 bps CRR reduction. This aggressive monetary easing propelled the Sensex and Nifty to new peaks, with rate-sensitive sectors leading the charge.
By Vipin Bihari