Investor sentiment improved as fears of a rate hike by the US Federal Reserve decreased. This led to a surge in stock markets, with the Sensex and Nifty 50 indices posting gains. The Sensex rose to a high of 76,883.14 during the session, while the Nifty briefly exceeded 24,000.

Smallcap indices reached new highs due to targeted buying of specific stocks. The broader market saw significant activity, driving the smallcaps to fresh lifetime highs.

Further details on the market performance are available, including the closing values of the Sensex and Nifty 50 indices.