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of <h1>Sensex and Nifty Rise on IT and Bank Stock Gains; GST Collection Up 7.3% Year-on-Year in December.</h1> Benchmark equity indices Sensex and Nifty rose in early trade due to buying in IT and bank stocks. Sensex increased by 242.95 points to 78,750.36, while Nifty gained 69.25 points to 23,812.15. Key gainers included Bajaj Finance, Kotak Mahindra Bank, and Infosys, while NTPC and Sun Pharma lagged. The gross GST collection grew 7.3% year-on-year to Rs 1.77 lakh crore in December. Asian markets like Seoul and Shanghai traded lower, and US markets were closed for New Year. Foreign Institutional Investors sold equities worth Rs 1,782.71 crore. Brent crude oil rose to USD 74.97 a barrel.
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