sensex today: Markets cheer repo rate hike as Nifty zooms past 10,750-mark

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NEW DELHI: Benchmark equity indices Sensex and Nifty saw an impressive surge on Thursday as investors seemed to show a thumbs up to Reserve Bank of India's (RBI) decision to hike key interest rates by 25 basis points.



30-share BSE Sensex gained 284.20 points to close at 35,463.08 while the broader 50-share NSE Nifty finished trading on 10,768.35, up 83.50 points.


The markets however shed some gains in the last couple of hours after Sensex gained as much as 450 points in mid-day trade.


IT and metal stocks gained the most with the respective sectors gaining in excess of a per cent each.

Tata Steel, Tata Motors, Axis Bank and ICICI Bank topped the charts.



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