The domestic stock market has rallied after the Reserve Bank left interest rates on hold and was not as hawkish as some had feared about potentially raising them in future to combat stubborn inflation.
The benchmark S&P/ASX200 index closed on Tuesday up 110.9 points, or 1.44 per cent, to 7,793.3, while the broader All Ordinaries gained 113.2 points, or 1.42 per cent, to 8,065.5.
