Indian benchmark indices climbed after opening lower today, following the RBI’s decision to hold the benchmark interest rates unchanged. This marks the eighth consecutive time the RBI has maintained a steady repo rate, which has remained at 6.5 percent throughout Financial Year 2024.

 

Sensex was trading 1349 points up, or 1.8 percent, at 72,437 while Nifty was soared 382 points, or 1.68 percent at 23,203 when the reports last came in. Meanwhile, all the sectoral indices were trading in the green, with the IT index leading the pack.