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Domestic stock markets started Thursday's session on a strong note, rising for a second straight day, tracking gains in Asian peers.
Domestic stock markets started Thursday's session on a strong note, rising for a second straight day, tracking gains in Asian peers.
The S&P BSE Sensex index rose as much as 174.25 points in early trade to 36,898.99, and the broader NSE Nifty benchmark moved to 10,920.10, up 75.45 points from the previous close.
 
Gains in auto, metal and energy stocks supported the markets. The Reserve Bank of India (RBI) on Wednesday said lenders were not satisfactorily transferring the cuts in policy rates.
 
From October 1, lenders would have to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises (MSMEs) to external benchmark rates, the central bank said.
 
On Wednesday, the Sensex and Nifty had ended 162 points (0.4 per cent) and 47 points (0.4 per cent) higher, rebounding after falling the most since July 8 in the previous session.