The NSE Nifty rose 240.95 points or 0.98% to close at 24,708.4. The BSE Sensex rose 809.53 points or 1% to end at 81,765.86. Both indices have moved up 3.3-3.4% in the past five trading days.
Rupee hits new record low against US dollar on RBI rate cut hopes
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its