New Delhi, Sept. 12 -- The Indian stock market rallied on Friday, tracking positive global cues and strong domestic fundamentals. The benchmark Sensex climbed over 350 points to trade near the 82,000 level, while the Nifty 50 crossed 25,100, gaining 0.5% each. Broader markets also supported the uptrend, with the Nifty Midcap 100 and Nifty Smallcap 100 trading in the green. The Bank Nifty index edged 0.3% higher.

Sectoral performance was mixed. Nifty Pharma, Auto, IT, Private Bank and Metals led the gains, while FMCG, PSU Bank and Media indices witnessed selling pressure.

The rally in the Indian stock market today was fuelled by optimism over the India-US trade deal, GST reforms, expectations of supportive interest rate policy amid soft ...