Nifty gained 358 points to close at 24,988.85, nearly breaching the 25,000 milestone.
Sensex surged 1,081 points, finishing the day strong at 81,678.77 on buying interest.
GST reforms announced by PM Modi triggered optimism across key market sectors.
S&P’s outlook upgrade on India further boosted investor confidence in equities.
Auto and banking stocks were the biggest contributors to the day’s rally.
Mid-cap and small-cap indices also posted strong gains, reflecting broad-based buying.
Analysts expect Nifty to cross 25,000 soon if current momentum holds.
Reforms are expected to simplify compliance and attract higher instit
utional participation.
Positive technical indicators confirmed bullish continuation in frontline stocks today.
Overall sentiment turned strongly optimistic on both domestic and global cues.