Indian Stock Market Surges Over 8 Lakh Crore in a Day After US Election Results

tamil.news18.com (Tamil) —

Indian stock market value surged by over 8 lakh crore rupees in a single day, driven by the outcome of the US midterm elections. The rally marked the sixth consecutive day of gains for Indian markets, which had previously faced declines due to economic factors like the Iran-US war, rising crude oil prices, and inflation. The Sensex jumped 2,008 points to 79,310, while the Nifty rose 576 points to 24,536. Bajaj Finance led gains with an 8% rise, followed by other major stocks. The significant setback for Trump in the US elections boosted investor confidence, with all sector indices except media and chemicals closing higher.


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