Mkt cheers Trump win, benchmarks surge more than 1%
The Morning Standard|November 07, 2024
DOMESTIC equity market reacted positively to Donald Trump's win in the 2024 US presidential election as benchmark indices jumped over 1% each, boosting investors' wealth by ₹8 lakh crore.
ARSHAD KHAN
Mkt cheers Trump win, benchmarks surge more than 1%

After market close in India, Trump crossed the crucial 270 electoral votes, securing victory over Kamala Harris.

The Sensex closed 902 points or 1.13% higher at 80,378.13, the Nifty 50 rose by 271 points or 1.12% to settle at 24,484.05. In the broader market, the BSE Midcap and Small-cap indices rose by 2.28% and 1.96%, respectively. The market capitalisation of all BSE-listed companies surged to ₹453 lakh crore from ₹445 lakh crore in the previous session.

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