Economy
Sensex Surges 2,009 Points as Markets Rally for Sixth Consecutive Session
The Hindu2h
THE BRIEF
1
The BSE Sensex rallied 2,009 points to close at 79,310, while the Nifty 50 jumped 576 points on Thursday amid positive sentiment following U.S. midterm results.
2
Market optimism was fueled by declining crude oil prices, sustained foreign institutional investor inflows, and a broader global rally in U.S. equities.
3
In the last six trading days, the Sensex has gained over 8% as investors reacted to the Democratic party's legislative sweep in the United States.