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<p data-start="62" data-end="561"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">Domestic benchmark indices closed sharply higher on Monday, boosted by robust buying in IT and automobile stocks. The unexpectedly strong Q1 FY26 GDP growth of 7.8 per cent lifted investor sentiment amid global uncertainties, while the joint statement from the Shanghai Cooperation Organisation (SCO) condemning the Pahalgam terror attack and lauding Prime Minister Narendra Modi for presenting India&rsquo;s stance on cross-border terrorism globally further supported market confidence.</span></p>
<p data-start="563" data-end="854"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">Sensex ended at 80,364.49, up 554.84 points or 0.70 per cent. The 30-share index opened flat at 79,828.99 against the previous close of 79,809.65 but gained momentum through the session, touching an intra-day high of 80,406.84. Nifty closed at 24,625.05, up 198.20 points or 0.81 per cent.</span></p>
<p data-start="856" data-end="1091"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">"Expectations of GST rationalisation at the upcoming council meeting continue to bolster sentiment, supporting discretionary consumption," said analysts. Optimism is particularly benefiting sectors such as Auto and Consumer Durables.</span></p>
<p data-start="1093" data-end="1406"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">Top gainers in the Sensex included Mahindra &amp; Mahindra, Tata Motors, Adani Ports, Trent, Infosys, Asian Paints, Tech Mahindra, Axis Bank, PowerGrid, Bajaj FinServ, Bajaj Finance, BEL, Tata Steel, Ultratech Cement, NTPC, ICICI Bank, TCS, and HCL Tech. Sun Pharma, ITC, and Hindustan Unilever were the top losers.</span></p>
<p data-start="1408" data-end="1633"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">Most sectoral indices advanced on strong buying interest. Nifty Fin Service rose 175.80 points (0.69%), Nifty Bank gained 346 points (0.65%), Nifty Auto soared 699 points (2.80%), and Nifty IT climbed 559.40 points (1.59%).</span></p>
<p data-start="1635" data-end="1807"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The broader market followed suit: Nifty Smallcap 100 jumped 271.10 points (1.57%), Nifty Midcap 100 rallied 1,098 points (1.97%), and Nifty 100 surged 228 points (0.91%).</span></p>
<p data-start="1809" data-end="1950" data-is-last-node="" data-is-only-node=""><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The strong Q1 GDP performance and positive SCO outcomes reinforced confidence in the resilience of India&rsquo;s economy amid global uncertainties.</span></p>
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<div class="pointer-events-none h-px w-px" aria-hidden="true" data-edge="true"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">[Except for the headline, this article has not been edited by the Benefit News editorial team and is published directly from the IANS news feed]</span></div>

Sensex, Nifty Surge on Strong Q1 GDP, SCO Support

Robust Q1 GDP of 7.8% and SCO backing lift investor confidence, boosting markets sharply

Sensex, Nifty Surge on Strong Q1 GDP, SCO Support

Robust Q1 GDP of 7.8% and SCO backing lift investor confidence, boosting markets sharply

September 1, 2025 | 22:06 IST