New Delhi, Nov. 11 -- Rail Vikas Nigam Ltd (RVNL) and Indian Railway Finance Corporation (IRFC) shares rallied as much as 10% on Wednesday, 11 November, amid a strong recovery in the broader equity market and renewed investor interest in railway stocks.

Indian benchmark indices gained over 1% in morning trade, with the Nifty 50 rising 1.25% to 25,358 and the Sensex advancing 1.47% to 82,301.10 around 10:07 am. Both indices touched their highest levels since 27 February.

The broader market rally was supported by easing crude oil prices and a shift in global investment sentiment. According to a Reuters report, concerns over elevated artificial intelligence (AI) valuations and investment spending have prompted investors to reassess their g...