MUMBAI: Benchmark equity indices Sensex and Nifty closed higher for the fourth day in a row on Monday following a rally in global markets and upbeat investors’ sentiment after the RBI’s jumbo 50 basis points rate cut.
The 30-share BSE Sensex climbed 256.22 points or 0.31 per cent to settle at 82,445.21, driven by buying in bank stocks. During the day, it jumped 480.01 points or 0.58 per cent to 82,669.
The 50-share NSE Nifty surged 100.15 points or 0.40 per cent to 25,103.20.
