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RBI cuts interest rates by 0.25%

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The benchmark BSE Sensex today surged to by more than 400 points to cross 30,000 mark for the first time as the Reserve Bank of India cut short-term lending rate (repo rate) by 0.25 per cent to 7.5 per cent with immediate effect. NSE Nifty zoomed to hit a lifetime high of 9,119.20 in opening trade.<br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive

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