The markets today ended with a positive on the back of the surprising move by RBI. After opening with a flat note the markets were waiting for the outcome of the central policy meet where the street was expecting 25bps interest rate hike. But the RBI kept the interest rates unchanged on the hope that inflation may come down in the coming months.

The repo rate and CRR was at 7.75% and 4% respectively. The reverse repo was at 6.75%. Investors were cautious and they were waiting for the Federal Reserve's final verdict on stimulus programs.

Nifty closed at 6217 up around 78 points. The market breadth turned to positive from negative as there were seen 1498 stocks advancing against 958 stocks declining. The Volatility index, VIX closed at 17.54 down around 4.30%.

Today all the sectors ended in green with the largest gainers were Capital goods and Power sector, which closed up around 2.76% and 2.22% respectively.

BHEL and DLF were the gainers in the stock's front, ended up around 6.32% and 5.63% respectively. The losers were Jindal Steel and Sesa Sterlite which closed down around 0.87% and 0.57% respectively.

The FIIs were net buyers in the cash segment, bought shares worth Rs 249.93 crore on 17, Tuesday December 2013. On the other hand the DIIs were net sellers on 17 December 2013, sold shares worth Rs 96.83 crore as per the provisional data from the stock exchanges.

Ahead of the last day of Federal Reserve's two day monetary meeting, the European markets were seen advancing. The US index futures on the other side were trading lower.

Stock Market Research Report by Market Analysts at Geojit BNP Paribas Financial Services.