The Nifty gained 0.34% or 74.7 points to close at 22,196 after making a lifetime high of 22,215. The BSE Sensex gained 0.48% or 349.2 points to close at 73,057. The index is still 370 points away from its all-time high of 73,427.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.