Bullish Market: Sensex and Nifty Soar

RBI Boost and Macro Data Lift Indices

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In a bullish start to the week, both the Sensex and Nifty indices have outperformed their global counterparts, buoyed by positive sentiment following the Reserve Bank of India's (RBI) latest policy announcements and encouraging macro data.

Opening with a gap-down on Tuesday, the domestic benchmark indices quickly turned positive as voting got underway in various states. The RBI's decision to maintain low interest rates and its optimistic assessment of the economy provided a boost to market sentiment.

As of 1:00 PM IST, the Sensex was trading at 57,812.01, up 757.01 points or 1.33%, while the Nifty 50 was at 17,264.75, a gain of 227.30 points or 1.34%. Among individual stocks, Reliance Industries and HDFC Bank were among the major gainers.