DOMESTIC equity rallied sharply during the second half of Thursday's trading session amid renewed hope of a dovish monetary policy by the Reserve Bank of India (RBI). Further, a halt in selling by foreign institutional investors (FIIs) lifted sentiments.
Benchmark indices - BSE Sensex and NSE Nifty50, recovered from early losses and settled in green for the fifth consecutive session. The Sensex closed 809.53 points or 1% higher at 81,765.86 while the Nifty50 settled at 24,708.40, up 240.95 points or 0.98%.
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