Mumbai, Aug. 19 -- The main equity indices closed with modest gains today, marking their fourth consecutive session of gains, as investor sentiment was lifted by optimism about potential GST reforms and encouraging developments in the Russia-Ukraine peace talks. The Nifty ended above the 24,950 level, driven by strength in energy and FMCG stocks.
The S&P BSE Sensex rallied 370.64 points or 0.46% to 81,644.39. The Nifty 50 index added 103.70 points or 0.42% to 24,980.65. In four trading sessions, the Sensex and Nifty have jumped 1.75% and 2.01%, respectively.
Tata Motors (up 3.50%), Adani Ports & Special Economic Zone (up 3.16%), Reliance Industries (up 2.82%) boosted the Nifty higher today.
The broader market outperformed the headline ...
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