MUMBAI, Mar 4: The Sensex and Nifty both jumped to life highs on Wednesday, with Sensex going past 30,000-mark for the first time after the RBI decided to go for a mid-policy rate cut for what the central bank said was mainly because of emergence of disinflationary trends in the economy.
The Nifty also zoomed to hit a lifetime high of 9,119.20 in the opening trade on Wednesday.
The RBI cut repo rate, the rate at which banks borrow from central bank to 7.50% from 7.75%.
