Stock market rally: Sensex hits new high with 43,000, Nifty crosses 12,600 - Newztezz Online

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Tuesday, November 10, 2020

Stock market rally: Sensex hits new high with 43,000, Nifty crosses 12,600


India's stock market has also seen a good rebound after global markets rallied on positive signs of the corona vaccine. After breaking a record yesterday, today's market has set another record.

The BSE Sensex rose 600 points to 43,248. While the NSE Nifty is trading above 12,600.

In BSE, Bajaj Finance, IndusInd Bank, Bajaj Finserv, SBI, L&T, ICIC Bank have seen good growth. While the NSE platform is seeing a good upswing in PSU Bank and Bank.

On Monday, the Sensex closed 704 points or 1.68% higher and reached a new high of 42,597. The Nifty broke a new high of 12,461 with 198 points or 1.61%.

The stock market rallied on signs of progress in vaccination against the corona virus and closed higher than 350 points this morning. It initially softened after hitting a new high but then set a new record with a rebound.

It is important to note that with the Bihar election results coming out today, the rest of the day and tomorrow will have an impact on the Indian stock market. On the other hand, any significant update to the Corona virus vaccine will have an impact on the stock market. Currently, Bihar is looking strong towards the NDA, with the trend going up and down during the day.


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