Sensex, Nifty Rise After RBI Rate Cut

• RBI cuts repo rate by 25 bps to 5.25 percent to boost the economy.
• Monetary Policy Committee, led by Sanjay Malhotra, maintains neutral stance.
• Indian equity markets react positively to the rate cut, ending week on a high.

Mumbai: Indian equity markets ended the week on a positive note after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 5.25 percent. The Monetary Policy

Committee, led by Governor Sanjay Malhotra, also maintained a neutral policy stance.