Reflecting widespread recovery, the 50-share NSE Nifty too spurted by 91 points, or 0.92 per cent to close at 9,979.70. Intra-day, it touched a high of 9,989.35 and low of 9,906.60.
On weekly basis, the BSE Sensex recovered by 530.50 points, or 1.69 per cent and the broader NSE Nifty by 191.10 points or 1.95 per cent.
Expectations that the GST Council may provide some relief to exporters and small and medium enterprises (SMEs)in terms of faster refunds and compliance moved the market, brokers
Positive global cues with most other Asian markets ending higher, tracking another record close on Wall Street following more buoyant US data and hopes for tax reform, fuelled the rally.
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