Markets soar for fifth straight day


Mumbai, November 6

Rising for the fifth straight session, equity benchmark Sensex rallied 553 points and closed at a nearly 10-month high on Friday, tracking gains in index-heavyweights Reliance Industries and HDFC twins amid largely positive global market sentiment.

The BSE Sensex ended 552.90 points higher at 41,893.06, while the Nifty surged 143.25 points to 12,263.55. On January 14, Sensex had closed at a record peak of 41,952.63.

Reliance Industries was the top gainer in the Sensex pack, surging 3.78%, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. On the other hand, Maruti, Bharti Airtel, Asian Paints, UltraTech Cement and Nestle India were among the laggards. According to Hemant Kanawala, Head – Equity, Kotak Mahindra Life Insurance, Indian markets rallied in sync with its global peers, putting to the backburner the uncertainties in the US Presidential election. — PTI

Reliance top gainer

  • The BSE Sensex ended 552.90 points higher at 41,893.06, while the Nifty surged 143.25 points to 12,263.55
  • Reliance Industries was the top gainer in the Sensex pack, surging 3.78%, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank



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