Stock Market Closing Bell—Nifty hits 8300, Sensex gains over 500 pts

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Stock Market Closing News:

BSE Sensex and Nifty surged to fresh highs for the second consecutive day, buoyed by the positive momentum from the recent reform measures announced by the government and higher global markets.

The Sensex is up 534.47 points or 1.9 percent at 27880.80 and the Nifty is up 153.55 points or 1.9 percent at 8322.75. About 1768 shares have advanced, 1203 shares declined, and 122 shares are unchanged.