
In early deals, Sensex was at 57,890.97, up 338.58 points or 0.59%, while Nifty advanced 82.95 points or 0.48% to a new high of 17,215.15.

India's real GDP grew by 20.1% in the April-June quarter of the fiscal year 2021-22, a record quarterly print on the back of low base.

India's GDP for the April-June (Q1) quarter of the ongoing fiscal will be released today, 31 August 2021
Rahul Shah of Motilal Oswal said the flow of money moving from primary to the secondary sector will give further direction to the market.

The current market rally has been built on two key pillars: Strong liquidity conditions and Robust earnings growth.
Mohammad added that as long as the 50-share index sustains over 16,720-mark, one should remain positive and look for higher targets of 17,135.

BSE MidCap index hit a fresh lifetime high of 23,740 in opening trades and the BSE SmallCap index was quoting at 26,842 up by 152 points or 0.57%.

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Bharti Airtel was the top Sensex gainer followed by Axis Bank, Tata Steel, Titan, Maruti and Bajaj Finance

After hitting lifetime high of 56,958.27 during the day, Sensex closed at 56,889.76, up 765.04 points or 1.36%.