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Sensex Today, Stock Market LIVE Updates: Sensex sinks over 350 pts, Nifty below 22,500; RBI reduces repo rate by 25 basis points

09 April 2025
| By: Anish Mondal, Namit Singh Sengar
Sensex Today, Stock Market

Sensex Today, Stock Market LIVE Updates: Stock markets staged a strong comeback on Tuesday, recovering sharply from their worst decline in 10 months. The benchmark BSE Sensex surged 1,089.18 points, or 1.49%, to close at 74,227.08, snapping a three-day losing streak. The rally was driven by broad-based buying and positive cues from Asian and European markets. In intraday trade, the 30-share index soared as much as 1,721.49 points, or 2.35%, to hit a high of 74,859.39, with 29 of its constituents ending in the green.

RBI Repo Rate Cut Today: Aditya Kushwaha, CEO and Director Axis Ecorp“ The RBI’s decision to cut rates comes at a significant juncture when NRI interest in Indian real estate is gaining momentum. With the rupee experiencing volatility, luxury real estate and holiday homes present a compelling hedge—offering both capital appreciation and stable returns. This move is expected to boost sentiment across the premium housing segment, particularly in emerging lifestyle destinations. Lower borrowing costs will encourage investment in second homes and holiday properties, which are increasingly being seen as both lifestyle upgrades and long-term assets. Overall, the rate cut aligns well with the evolving preferences of global Indian investors, including HNIs, millennials, and new-age investors seeking stable, high-quality real estate opportunities.”

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