Market
Sensex, Nifty rally as Dalal Street defies global market rout
The Sensex jumped 1,718.01 points, or 2.17%, to close at 81,028.02. The Nifty climbed 493.75 points, or 2.01%, to settle at 25,030.35, reclaiming the 25,000 mark.
The Sensex jumped 1,718.01 points, or 2.17%, to close at 81,028.02. The Nifty climbed 493.75 points, or 2.01%, to settle at 25,030.35, reclaiming the 25,000 mark.
While Asia is nursing an AI hangover, Dalal Street is celebrating Diwali early. Foreign investors are back with their wallets open, earnings are adding to the cheer and large-caps are stealing the show. But is this party just getting started, or could the global gloom spoil the fun?
At around 2:13 pm, the Sensex was trading at 80,340.67, up 1,030.66 points or 1.30%, while the Nifty was up 256.45 points or 1.05% at 24,793.05.
The BSE Sensex was trading at 79,444.15, up 134.14 points or 0.17%, at 9:28 am. The NSE Nifty 50 was at 24,508.95, down 27.65 points or 0.11%, at 9:29 am.
GIFT Nifty was trading at 24,430.50, down 169 points or 0.69%, at 8:21 am on Friday. The index's movement suggested that the Nifty could open lower, potentially giving back some of the gains recorded in the previous session.
Wall Street stocks plunged as fears over AI spending battered technology shares. The rout exposed broader doubts over valuations, policy shifts and future earnings.
The BSE Sensex closed at 79,310.01, gaining 2,008.61 points or 2.60%. The index opened at 78,910.94 and touched an intraday high of 79,470.03. The NSE Nifty 50 settled at 24,536.60, up 576 points or 2.40%.
At 1:56 pm, the BSE Sensex was trading at 79,350.52, up 2,049.12 points or 2.65%, while the NSE Nifty 50 stood at 24,545.15, gaining 584.55 points or 2.44%. The Sensex had touched an intraday high of 79,465.03, while the Nifty hit a high of 24,579.90.
The Sensex gained nearly 1,600 points in early trade, while the Nifty crossed 24,400, as falling crude prices, renewed foreign fund inflows and a Wall Street rally following the US midterm results lifted investor sentiment.
The BSE Sensex settled at 77,301.40, rising 383.55 points or 0.50%. The NSE Nifty 50 closed at 23,960.60, gaining 149.75 points or 0.63%.
Highway Infrastructure shares rallied after the company secured its biggest civil construction order from CPWD. The win lifts its order book and reinforces momentum from contracts, fundraising and expansion.
The Sensex rose 254.20 points, or 0.33%, to 77,172.05 in early trade, while the Nifty 50 gained 70.25 points, or 0.30%, to 23,881.10. The Nifty opened at 23,742.25 and moved higher in early trade, while the Sensex opened at 76,853.11.
The Sensex surged 1,225.07 points, or 1.62%, to settle at 76,917.85. The Nifty climbed 370.05 points, or 1.58%, to close at 23,810.85, crossing the 23,800 mark.
At 9.28 am, the BSE Sensex was trading at 76,400.68, up 707.90 points or 0.94%. The NSE Nifty 50 gained 180.80 points, or 0.77%, to trade at 23,621.60.
The BSE Sensex was trading at 76,400.68, up 707.90 points or 0.94%, at 9.28 am. The index opened at 76,288.65 and touched an early high of 76,421.48. The NSE Nifty 50 rose 180.80 points, or 0.77%, to 23,621.60. It opened at 23,582.25 and touched a high of 23,628.30.
Sebi is working to delist companies with no economic activity from stock exchanges. The move seeks to protect investors from manipulation and pump-and-dump schemes.
The BSE Sensex jumped 1,233.25 points, or 1.66%, to close at 75,692.78. The index had opened at 75,178.24 and touched an intraday high of 75,692.78, ending the session at its day's peak.
Reliance Industries shares surged over 6% after the company reported record September-quarter earnings. Strong O2C performance, Jio growth and bullish brokerage calls boosted investor sentiment.
At 9.48 am, the Sensex was up 1,002.55 points (1.35%) at 75,462.08, while the Nifty gained 267.80 points (1.16%) to trade at 23,320.90.
At around 9.23 am, the BSE Sensex was trading at 75,261.40, up 801.87 points or 1.08%. The NSE Nifty 50 advanced 205.95 points, or 0.89%, to 23,259.05.