Mumbai, Sep 3
The Indian equity indices closed higher on Wednesday amid euphoria around GST rationalisation as the two-day GST Council meeting kicked off. Sensex settled at 80,567.71, up 409.83 points or 0.51 per cent.
The 30-share index opened a bit higher at 80,295.99 against last session's closing of 80,157.88. The index escalated the gaining momentum further to hit an intraday high at 80,671.28, buoyed by buying in metal, FMCG, Auto and banking stocks.
Nifty ended the session at 24,715.05, up 135.45 points or 0.55 per cent.
The Indian equities closed higher after a mixed start to the session, buoyed by expectations of a consumption-led stimulus from the potential GST slab rationalisation, said analysts.