The domestic equity markets ended the day on a strong note, supported by gains in metal and banking stocks along with optimism around tax reforms.
- BSE Sensex settled at 80,567.71, up by 409 points or 0.51%.
- NSE Nifty 50 closed at 24,715.05, advancing 135 points or 0.55%.
Key Highlights
- Metals led the rally, with Tata Steel jumping nearly 6%, while other companies in the sector also saw solid gains.
- Banking and financial shares provided additional support to the benchmarks.
- Investor sentiment improved after the GST Council meeting, with hopes that possible tax reductions could give a boost to consumption-driven sectors.
- Supportive global market trends, a steady rupee, and easing crude oil prices also helped sustain buying momentum.
| Index | Closing Level | Change (Points) | Change (%) |
| BSE Sensex | 80,567.71 | +409 | +0.51% |
| NSE Nifty 50 | 24,715.05 | +135 | +0.55% |
