The Indian equity indices started the December and new series on a strong note with the Nifty50 index soaring to a fresh all-time high on December 1 as the investors cheered the higher-than-expected GDP data and buying across the sectors, barring auto.

At close, the Sensex was up 492.75 points or 0.74 percent at 67,481.19, and the Nifty was up 134.70 points or 0.67 percent at 20,267.90.

The benchmark indices extended the winning run on the fourth consecutive session as they opened on a strong note, with Nifty crossing its previous high of 20,222.45 touched on September 15, 2023.

For the week BSE Sensex and Nifty50 indices added 2 percent each.

India's Gross Domestic Product (GDP) growth rate came in at 7.6 percent for July-September, beating all estimates, data released by the Ministry of Statistics and Programme Implementation on November 30 showed.

The Reserve Bank of India (RBI) had forecast a growth rate of 6.5 percent. The Indian economy had expanded by 7.8 percent in April-June and 6.2 percent in July-September 2022.

India's eight core sectors posted a growth of 12.1 percent in October, according to data released by the Ministry of Commerce and Industry on November 30.

Meanwhile, the central government's fiscal deficit widened to Rs 8.04 lakh crore in April-October from Rs 7.02 lakh crore in April-September.

The biggest gainers on the Nifty included NTPC, ITC, L&T, Britannia Industries and Axis Bank, while losers were Hero MotoCorp, HDFC Life, Wipro, M&M and SBI Life Insurance.

Except Auto, all other sectoral indices ended in the green with Capital Goods, FMCG, Metal, Power and Realty up 1-1.5 percent each.

BSE Midcap index added 1 percent, while smallcap index was up 0.5 percent.

A long build-up was seen in PFC, REC and Dixon Technologies, while a short build-up was seen in Ashok Leyland, Tata Communications and Multi Commodity Exchange of India.

Power Finance, Tanfac Industries, Dixon Technologies, Shalimar Paints, Amara Raja, Datamatics Global, REC, Oriental Hotels, Aster DM Health, Arvind Smart, Prism Johnson, Poly Medicure, Macrotech Developers, Rolex Rings, NHPC, MOIL, Birla Corp and HBL Power, among the stock that touched their 52-week high on the BSE.