Economy
Sensex Jumps 2700 Points and Nifty Gains 3% Following US Midterm Results

Sensex Jumps 2700 Points and Nifty Gains 3% Following US Midterm Results

Livemint2h
THE BRIEF
1

Indian benchmark indices extended their winning streak to seven consecutive sessions on Friday, November 6, as investors added over ₹4 lakh crore in wealth over two days.

2

The Sensex rose 734.66 points to 0.9% and the Nifty advanced 166 points to 0.7% on Friday, following a prior session where the Sensex surged 2,008 points.

3

Key market drivers included improving global sentiment from US midterm results, a sharp correction in crude oil prices, and strong foreign institutional investor buying.