The Indian frontline indices started gap-up today (1st December 2021) on the back of strong GDP growth of over 8 percent in Q2. With this, India continues to remain the fastest-growing large economies in the world. That apart, firm Asian cues also supported the sentiment on the Street.
The BSE Sensex was up 659 points, or 1.15 percent, at 57,724 levels. The Nifty50, on the other hand, was at 17,183, up 200 points.
IndusInd Bank (up 3.7 percent) was the top Sensex gainer, followed by Tech M, HDFC, NTPC, Tata Steel, and UltraTech Cement. Power Grid was the only loser on the index, down 0.2 percent.
In the broader markets, the BSE MidCap and SmallCap indices added 0.9 percent and 0.8 percent, respectively.
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