'Niftyinvestors' - RBI did not cut the rates then how market end positive?

RBI's financial policy was released today. Today Market began with the expectation of cut in CRR and Key interest rates. But the Reserve Bank did not make any change in interest rates, so market faced a very small drop in early trade. The Bombay Stock Exchange closed today (June 17), 147 at the end of trading. Nifty ended at 5859.05 points, up 41.65 points.

RBI did not cut the rates then how market end positive?

If the Reserve bank cut the interest rate, the value of rupee may slide further and market may be collapsed. But the value of Indian rupee becomes strong because of RBI decision. Moreover, the Reserve Bank's financial policy will be released on July 30. The interest rate is likely to be reduced on that meet,so RBI may have waited in that category. At that time, if rupee value is 56, then surprisingly there are the chances of 0.50 percent cut of interest rate. So Indian stock market is likely to rise again on coming days.