The BSE Sensex surged 0.38 per cent reaching a level of 79,402. The Nifty 50 index climbed 0.41 per cent to the 24,243 level. 

With 1,746 shares rising on the NSE and 514 shares declining, the advance-decline ratio strongly remained in favour of advances.

GIFT Nifty, trading around 200 points above the previous close, indicates a strong opening for domestic indices in today's session.

The BSE Sensex concluded the session with a notable rise of 0.19 per cent, while the Nifty 50 edged up by 0.02 per cent.

The government is taking various steps to make EVs a popular option by giving tax deductions and in some states registration fee waivers etc.  Growing income and rapid urbanisation are other demand drivers for this sector, asserts Anand Vardarajan, Chief Business Officer, Tata Asset Management.

The BSE Sensex surged 0.28 per cent reaching a level of 79,176. The Nifty 50 index added 0.14 per cent to the 24,173 level. 

Metal stocks saw a sharp decline today after the Supreme Court ruled that states could levy taxes and royalties on minerals in addition to Central duties

With 785 shares rising on the NSE and 1,760 shares declining, the advance-decline ratio strongly remained in favour of declines.

With 674 shares rising on the NSE and 1,585 shares declining, the advance-decline ratio strongly remained in favour of declines.

On August 13, foreign institutional investors (FIIs) sold shares worth Rs 2,107.17 crore, while domestic institutional investors (DIIs) made a considerable inflow of Rs 1,239.9 crore.