Sensex, Nifty Rally As RBI Surprises With Jumbo Rate Cut

(RTTNews) - Indian shares rallied on Friday as the Reserve Bank of India (RBI) surprised the market with a 50 basis points (bps) cut in the benchmark repo rate to 5.5 percent, slashed the cash reserve ratio (CRR) by 100 basis points to 3 percent, and also trimmed its inflation fo https://www.nasdaq.com/articles/sensex-nifty-rally-rbi-surprises-jumbo-rate-cut