The NSE Nifty 50 index climbed 198 points, or 0.81%, to close at 24,625, while the S&P BSE Sensex advanced 555 points, or 0.70%, to end at 80,364. The broader market outperformed, with the Nifty Midcap index surging 1,098 points, or nearly 2%, to a record 56,826, turning market breadth firmly in favour of advances.