Market Wrap: Sensex rises 447 points, Nifty above 26,150 as interest rate sensitive stocks rise after RBI cuts repo rate

Indian shares closed higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks, usually sensitive to interest rate moves, led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, to end at 85,712.37. The […]