Bull Run Continues: Sensex, Nifty Rally Led by Banking and Metal Sectors

Indian stocks rally as Sensex, Nifty surge on robust performance of banking and metal sectors.

Bull Run Continues: Sensex, Nifty Rally Led by Banking and Metal Sectors
Bull Run Continues: Sensex, Nifty Rally Led by Banking and Metal Sectors

Mumbai: Indian stock markets witnessed a strong rally today, with the Sensex and Nifty 50 indices surging nearly 1%. The banking and metal sectors were the key drivers of this uptick. Positive global cues, particularly from the US stock market, further boosted investor sentiment. The Nifty 50 index closed at 24,213, up 0.91%, while the Sensex ended at 79,447, up 0.84%.

The US presidential election results, which were closely watched by market participants, also contributed to the positive market mood. Early trends favored the Republican candidate, which led to optimism among investors. The Sensex even touched the 80,000 mark intraday, highlighting the bullish sentiment.