Stock markets rise sharply after RBI’s policy decision; Adani Enterprises, Paytm gain sharply

Benchmark stock market indices gained sharply on Wednesday after the Reserve Bank of India (RBI) went for a smaller interest rate hike of 25 basis points, which economists believe could be the last of the current cycle even as the central bank governor remained non-committal. At the closing bell, the S&P BSE Sensex…