LIVE market update: The benchmark held on to early morning gains as RBI along expected lines kept repo rates unchanged at 4 per cent while maintaining the accommodative stance. The BSE Sensex was up over 500 points at 60,190 level while Nifty50 traded 140 points higher at 17,930. Following the announcement, bank stocks leaped while IT stocks maintained lead and were the leading gainers.
Broader markets stayed firm with Nifty Midcap100 and Smallcap 100 up between 0.4-0.5 per cent.
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