The Nifty 50 closed at 71 points, or 0.29 percent, higher at 24,770.20; the Sensex finally settled 102 points, or 0.13 percent, higher at 80,905.30.

All three shipyards rose by more than 4%.

Reliance-Disney merger faces hurdles; metal prices rise; crude oil remains Low

The index formed a white candle on the daily chart and closed above  the previous day's close; this pattern indicates the possibility of continuing the uptrend.

The overall market capitalisation rose to nearly ₹456.7 lakh crore, making investors richer by over ₹2 lakh crore in a single session.

IT companies performed well today, with TCS rising by over 1.5%.

Markets continue to rise; foreign investors sell again; mutual funds hold ample amounts of cash; crude oil and dollar prices decline

The Indian stock market offers very little value across sectors and stocks; euphoric sentiment among non-institutional investors

Nifty50's historic rally from 20,000 to 25,000, in less than 11 months, reflects India's robust economic fundamentals and fuels optimism for continued market strength in the long term.

Tonight's release of US employment and wage data will reveal whether the US recession concerns are for real.