Dec begins on a strong note for Sensex, Nifty, end on all-time highs

The Indian equities markets rose on Tuesday following their best monthly gain since April, with sentiment lifted by data showing a smaller-than-expected contraction in Asia’s third-largest economy and broader optimism stemming from hopes for a Covid-19 vaccine. Most global markets, too, rose after positive factory activity data raised hopes of a strong revival in the global economy. 

The Sensex and the Nifty logged fresh all-time highs on a closing basis. The Sensex rose 1.15 per cent, or 506 points, to end at 44,655, while the Nifty added 1.1 per cent, or 140 points to close at 13,109.

The benchmark indices had closed