The key equity indices ended with decent gains today, extending their winning run to a second straight session. Sentiment improved after the Reserve Bank of India cut the repo rate by 25 basis points to 5.25%. The Nifty regained momentum and closed above 26,150, rebounding from an intraday low of 25,985.35, with banks and financial services stocks leading the upmove. Traders also kept an eye on Fridays US PCE inflation data, a key indicator for shaping the US Federal Reserves policy outlook.
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Indices rise as RBI rate cut lifts sentiment; Nifty above 26,150
