Stock Market Today: The benchmark indices extended their rally on Dalal Street on November 11, amid a sharp correction in crude oil prices, heavy buying by foreign institutional investors (FIIs), hopes of a US-Iran trade deal and easing geopolitical tensions in West Asia lifted investor sentiment.
D-Street's Explosive Rally Continues, Sensex Jumps 1300 Points, Nifty Hits 25,400: Key Reasons Behind Today's Surge
Stock Market Today: Sensex surged over 1,300 points and the Nifty 50 crossed 25,400 in early trade. What triggered the strong buying across market segments? Here are the key reasons behind today's rally
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At 9:53 AM, the BSE Sensex was trading at 82,386.84, up 1,280.19 points, or 1.58 per cent. The NSE Nifty 50 gained 343.40 points, or 1.37 per cent, to trade at 25,388.05.
During early trade, the Sensex rose to an intraday high of 82,520.40, while the Nifty 50 touched 25,424.35.
The equity markets resumed trading today after observing a holiday on November 10 on account of Diwali-Balipratipada.
Buying interest was broad-based, with gains extending beyond the frontline indices. The Nifty Midcap 100 and Nifty Smallcap 100 advanced between 1 per cent and 2 per cent. The Nifty 500 climbed 1.30 per cent, while the Nifty Microcap 250 gained over 1.75 per cent, indicating strong participation across market segments.
This is a developing story...
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