Mumbai, Dec. 12 -- Key equity indices closed with strong gains today, lifted by positive global cues after China announced a fiscal push for 2026 and the US Federal Reserve cut interest rates on Wednesday. Investor mood stayed upbeat ahead of India's retail inflation print due later in the day. The Nifty finished above the 26,000 mark, supported by strength in metal and consumer durables stocks.

The S&P BSE Sensex surged 449.52 points or 0.53% to 85,267.66. The Nifty 50 index added 148.40 points or 0.57% to 26,046.95.

Larsen & Toubro (up 1.71%), Bajaj Finance (up 1.15%) and Reliance Industries (up 0.72%) boosted the indices.

In the broader market, the S&P BSE Mid-Cap index rose 1.14% and the S&P BSE Small-Cap index added 0.65%.

The ma...