After eight straight sessions of losses, domestic equities finally staged a rebound on Wednesday. Both Sensex and Nifty closed higher as the Reserve Bank of India’s Monetary Policy Committee (MPC) left the repo rate unchanged at 5.5 per cent for the second time in a row, while retaining its policy stance at ‘Neutral’. Advertisement

Investors' wealth rose by more than Rs 3 lakh crore as the overall market capitalisation of BSE-listed firms surged to Rs 455.57 lakh crore from Rs 452.23 lakh crore on Tuesday, September 30.

At the closing bell, the Sensex climbed 715.69 points, or 0.89 per cent, to settle at 80,983.31, while the Nifty50 rose 225.20 points, or 0.92 per cent, to end at 24,836.30.

Vatsal Bhuva, technical analyst at LKP Securities, said the 50-pack index ended Wednesday’s sess

See Full Page