The BSE Sensex rose 130 points, or 0.2%, to 85,837 in morning trade on Monday, gaining for the fourth straight session, buoyed by robust GDP growth. India’s economy expanded 8.2% in the July–September quarter, beating forecasts of 7.3% and up from 7.8% in the previous quarter. Hopes of interest rate cuts from both the RBI and the Fed this month also supported sentiment. On the data front, India’s manufacturing sector growth was revised slightly lower in the November final figures, though it remained strong, boosted by faster output expansion. The broader index rose close to an all-time high, with almost all sectors trading in the green, led by the auto and banking sectors. Meanwhile, small-caps and mid-cap stocks climbed by 0.4% and 0.1%, respectively. Early gainers included Adani Ports (1.9%), Kotak Mahindra (1.7%), Tata Motors (1.4%), ICICI Bank (0.6%), and Hindustan Unilever (0.6%).
