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Indian Equities Surge on GST Reforms and Credit Rating Boost
19 Aug
Summary
- Sensex and Nifty 50 indices hit intraday highs
- Heavyweight stocks like Reliance, Bharti Airtel, Tata Motors gain
- Midcap and smallcap indices also rise over 0.5%
On August 19, 2025, Indian equity markets witnessed a strong surge in the mid-trading session, powered by buying interest in heavyweight stocks and investor optimism triggered by proposed GST reforms, a sovereign credit rating upgrade, and positive global cues.
The benchmark Sensex index traded 410.82 points or 0.51% higher at 81,684.57, after hitting an intraday high of 81,755.88. Similarly, the Nifty 50 index increased by 110.95 points or 0.45% to 24,987.90, reaching a high of 25,012.65 during the session.
The midcap and smallcap indices also rose, gaining 0.57% and 0.56% respectively. Across sectors, most indices traded in the green, with only the pharma and healthcare sectors slipping into negative territory. Oil & gas, auto, and media stocks were among the top gainers, each advancing around 1%.
Leading the gainers on the Nifty 50 were shares of Tata Motors, Reliance Industries, Bajaj Auto, Adani Ports, and Hero MotoCorp. On the other hand, Grasim, Bajaj Finserv, Hindalco, BEL, and JSW Steel were the major laggards.
