Stock markets rally as RBI cuts interest rate; Sensex jumps 447 points

The 30-share BSE Sensex climbed for the second straight session, closing higher after a brisk intraday rise. The index gained 447.05 points, or 0.52%, to finish at 85,712.37, after touching an intraday high of 85,796.72 — up 531.4 points or 0.62% at one point during the day.

Market snapshot

  • Closing level: 85,712.37
  • Daily gain: 447.05 points (0.52%)
  • Intraday high: 85,796.72 (up 531.4 points or 0.62%)
  • Trend: Second consecutive day of gains

What this means for investors

The second straight rise signals growing buyer interest and short-term optimism among market participants. While the intraday high shows there was momentum during the session, the moderate close suggests traders were selective and cautious as the day ended.

Key things to watch next

  • Market momentum: Whether the Sensex can extend gains beyond two days or face resistance near recent highs.
  • Corporate updates and economic data: Earnings, policy signals and macro releases could influence direction.
  • Global cues: Overseas markets and geopolitical developments often shape local sentiment.

Overall, today’s move reflects a modest but positive bias in the market, with investors likely weighing short-term opportunities against broader risks.

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