The Bombay Stock Exchange benchmark index Sensex surged nearly 400 points on Monday, driven by sustained foreign institutional investor inflows and positive global cues. The rally was broad-based, with banking, IT, and auto sectors leading gains.
The Reserve Bank of India's Monetary Policy Committee voted unanimously to keep the repo rate unchanged at 6.5% in its latest review. The central bank cited easing inflation and stable growth as key factors behind the decision.
The Securities and Exchange Board of India has announced revised disclosure requirements for companies planning initial public offerings. The new framework mandates greater transparency around related-party transactions and risk factors.
Gold prices climbed to their highest level in six months as investors sought safe-haven assets amid global uncertainty. Domestic gold futures rose by ₹800 per 10 grams, crossing the ₹68,000 mark.
The Indian rupee appreciated by 28 paise against the US dollar in Tuesday's trade, supported by strong capital inflows and a weakening dollar index globally. The currency settled at 83.12 per dollar.
