Daijiworld Media Network - Mumbai

Mumbai, Dec 5: Indian equity markets ended on a positive note on Friday after the Reserve Bank of India (RBI) unexpectedly cut the repo rate by 25 basis points to 5.25%, while maintaining a neutral monetary stance. The decision by the Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, boosted investor sentiment and triggered a strong market response.

The RBI also sharply revised its FY26 inflation forecast downward to 2% from 2.6% and raised its growth projection to 7.3% from 6.8%, further energising market mood.

Following the announcement:

• Sensex closed at 85,712.37, up 447.05 points (0.52%)

• Nifty ended at 26,186.45, rising 152.7 points (0.59%), comfortably holding above the key 26,000 level

Analysts noted that the 26,000–26,

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