Sensex, Nifty end with strong gains; Nifty Reclaims 25,000
Mumbai, Nov. 6 -- The key equity benchmarks ended the week with strong gains, supported by a combination of favourable domestic and global cues. Easing crude oil prices, along with the outcome of the US midterm elections, lifted investor sentiment. The Democrats secured control of both chambers of Congress, adding to the positive global market undertone. A sharp appreciation in the rupee, sustained foreign institutional investor (FII) buying and strong Q2 FY27 earnings from Reliance Industries and Jio Platforms further reinforced the bullish sentiment on Dalal Street.
Market participants will closely track movements in crude oil prices, the rupee and bond yields, along with inflation data and other key macroeconomic indicators, for furth...
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