D-St thumbs up to GST rejig proposal
Benchmark indices surged up to 1.6% on Monday, buoyed by PM Modi's GST reform proposals and India's sovereign credit rating upgrade. Sensex opened 700 points higher and jumped 1,168.11 points, but profit booking pared some gains. Nifty breached the 25,000 mark and settled at 24,876.95, with automobiles and consumer durables leading the rally.