New Delhi, Aug. 20 -- Indian equities extended their winning streak for the fourth straight session on Tuesday, August 19, supported by GST rationalisation measures and an upgrade in India's credit rating, which boosted investor sentiment.

The Sensex advanced 371 points, or 0.46 per cent, to close at 81,644.39, while the Nifty 50 ended at 24,980.65, up 104 points, or 0.42 per cent. Meanwhile, the BSE Midcap and Smallcap indices outshone the benchmarks, each gaining around 1 per cent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has improved as the Nifty 50 index closed above 50-DEMA resistance placed at 24,815 levels.

Speaking on the outlook of Indian stock market, Bagadia said,"A de...