Mumbai, Jan. 2 -- The Indian equity market ended the week with strong gains, with the Nifty 50 crossing the 26,300 level to hit a fresh record high, while the Sensex also posted solid gains. Market sentiment was supported by strong Q3 corporate business updates and robust December auto sales. Macro data such as a sharp rebound in IIP growth and steady GST collections further lifted confidence. Broader markets outperformed, led by buying in auto and cyclical stocks.

In the week ended on Friday, 02 January 2025, the S&P BSE Sensex rallied 720.56 points or 0.84% to settle at 85,762.01. The Nifty 50 index soared 286.25 points or 1.09% to settle at 26,328.55. The BSE Mid-Cap index rose 0.97% to close at 47,539.18. The BSE Small-Cap added 0.79...