Sensex regains 60,000 after RBI retains accommodative stance

Rate-sensitive banking and realty indices ended in the red, but auto closed with gains

The benchmark Sensex reclaimed 60,000 on Friday, propelled by nearly 4 per cent surge in Reliance Industries, which has the biggest weighting in the index. The Nifty finished at an all-time high of 17,895.20, up 104.85 points or 0.59 per cent. This after the Reserve Bank kept the key interest rates unchanged but maintained its accommodative stance to bolster economic recovery.  

The Sensex 381 points, or 0.64 per cent to end at 60,059, less than 19 points shy of a new high. The 30-share index rose 2.2 per cent during the week marred by volatility due to concerns around raising of