New Delhi, Aug. 18 -- The Indian stock market clocked healthy gains on Monday, August 18, boosted by a confluence of domestic and global factors.

While Prime Minister Narendra Modi's announcement on GST reforms was a key catalyst boosting market sentiment, expectations of relief on the US tariff front, S&P Global's upgrade of India's credit rating, and optimism over a possible end to the Russia-Ukraine war further added to the bullish mood.

The Sensex jumped over 1,100 points during the session but ended 676 points, or 0.84 per cent, higher at 81,273.75. The Nifty 50 closed the day at 24,876.95, rising 246 points, or 1 per cent.

(This is a developing story. Please check back for fresh updates.)

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