Snapping two-session long losing spree, the benchmark indices ended higher on Monday as investor sentiment got a boost after the government last week finalised rates for the upcoming goods and services tax (GST).
The government on Friday unveiled four bands of rates under the GST for services in line with those applying to goods, a big departure from the current single rate of 15% applied on most services.
The S&P BSE Sensex ended at 30,570, up 106 points, while the broader Nifty50 settled at 9,438, up 10 points.
In the broader market, the S&P BSE Midcap and the S&P BSE