Sensex rises 150 points to 74,629.94, rupee strengthens to ₹95.66

RBI likely to hold 5.25% rates

All major sector indices were up this morning, showing strong market confidence. Midcap and smallcap stocks joined the rally too.
Meanwhile, everyone's watching for today's Reserve Bank of India update: Most expect rates to stay steady at 5.25%, but investors are hoping for moves to help out the struggling rupee, which has had a tough year so far.