Newsmakers of D-Street
Benchmark indices Sensex and Nifty ended higher on Friday, recovering from early losses after the Reserve Bank of India (RBI) unexpectedly announced a 50 basis point repo rate cut, aiming to support economic growth.The BSE Sensex jumped 747 points, or 0.92%, to 82,188 while the NSE Nifty rose 252 points, or 1.02%, to close at 25,003.Here’s what moved the market today: