Indices extend gains for 6th day; auto shares climb
Mumbai, Nov. 5 -- The domestic equity benchmarks ended sharply higher on Thursday, extending their winning streak to a sixth consecutive trading session. Market sentiment remained upbeat amid easing bond yields and growing optimism over a possible early resolution to the US-Iran conflict following the Democrats' victories in the US midterm elections. Continued buying by foreign institutional investors (FIIs) and easing concerns over US tariffs further supported investor confidence. The Nifty settled above the 24,400 mark.
Auto, realty and PSU Bank shares emerged as gainers advanced while media and chemicals stocks declined.
As per provisional closing data, the S&P BSE Sensex jumped 2,008.61 points or 2.60% to 79,310.01. The Nifty 50 ind...
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