The gainers on Sensex and Nifty were Shree Cement, which surge 3%.

Shares of Ultratech Cement and ICICI Bank gain 2%.

The Indian equity indices ended higher after Reserve Bank of India (RBI) has increased repo rate by 50 bps to 5.4%.

Finally, the BSE Sensex ended 89.13 points higher to 58,387.93 points, while CNX Nifty gained by 15.50 points to 17,397.50 points.

The gainers on Sensex and Nifty were Shree Cement, which surge 3%. Ultratech Cement and ICICI Bank gain 2%.

The losers on Sensex and Nifty were RIL, which plunged 2%.M&M and Eicher Motors was also 2% lower.