Market basks in rate cut euphoria; Sensex zooms 663 points

January 18, 2015 10:52 am 

MUMBAI, Jan. 17 — A surprise rate cut by the RBI this week provided a big boost for the stock markets and sent the key indices soaring to nearly one-and-a-half months high on the back of robust gains in realty, banking and auto segments.

The benchmark S&P BSE Sensex vaulted by over 663 points to end at 1-1/2-month high of 28,121.89. (PNA/PTI)

LAP/RSM

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