'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Britain's 'remain' option gaining traction, with the implied probability of such an outcome at 78 per cent.
Roger Federer celebrated his return to the top of the world rankings with his second title of the season, swatting aside Grigor Dimitrov 6-2, 6-2 in the final of the ABN AMRO World Tournament in Rotterdam on Sunday.
Belgium's Elise Mertens rallied from a set down to beat top seed Simona Halep 3-6, 6-4, 6-3 and clinch her first Premier-level title at the Qatar Open on Saturday.
Even if the central bank doesn't pull the trigger later, it is still expected to by the end of the year.
Earlier on Wednesday, Czech Karolina Pliskova was forced to withdraw from the tournament due to a viral illness.
Here's what's in it for you!
The 36-year-old Australian Open champion arrived in the Dutch port city at the weekend knowing a run to the semi-finals will move him ahead of Rafael Nadal in the ATP standings.
Beijing did not announce expected policy support over the weekend
The 36-year-old Swiss master needs only to reach the semi-finals at the ABN Amro tennis event to overtake Rafael Nadal at the top of the ATP rankings and become world number one for the first time since November 2012.