Mkt sees biggest single-day gain in 5 months
The New Indian Express|November 23, 2024
Market experts attribute the rally to expectations of BJP-led Mahayuti victory in Maharashtra assembly election
AgenciesARSHAD KHAN
Mkt sees biggest single-day gain in 5 months

AFTER two months of intense selling pressure, domestic equity market staged a significant rally on Friday, with benchmark indices BSE Sensex and NSE Nifty 50 surging about 2.5% each—their highest single-day gain in nearly five months.

The Sensex soared over 2,000 points intraday, while the Nifty climbed more than 600 points as investors rushed to buy heavyweight stocks like Reliance, Infosys, TCS, and SBI.

Market experts attribute the rally to expectations of a BJP-led Mahayuti victory in the Maharashtra assembly election, with results for Maharashtra and Jharkhand set to be announced on Saturday. A recovery in Adani Group shares, which had plunged by up to 23% on Thursday following bribery allegations, also helped boost market sentiment.

この記事は The New Indian Express の November 23, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The New Indian Express の November 23, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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