Sensex Closes at Record High of 42,597 Pts; Nifty Ends at 12,461

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(Photo: PTI)

Sensex on Monday, 9 November, rallied for the sixth consecutive session and closed at a record high supported by positive global cues, Moneycontrol reported.

At close, Sensex was up 704.37 points or 1.68 percent at 42,597.43, while the Nifty was up 197.50 points or 1.61 percent at 12,461.

In the opening session on Monday, Sensex had rallied 567.45 points to a record high of 42,460.51 in the opening session, while Nifty surged 163 points to 12,426.55, PTI reported.

The equity markets have extended their gains for the sixth straight day, spurred by a risk-on sentiment across the globe, after Joe Biden’s victory in the 2020 US election, reported BloombergQuint.

All sectoral indices, which had opened with gains on Monday, also ended in the green led by Nifty Private Bank, Nifty Metals, Nifty IT and Nifty FMCG, according to CNBC.

After Biden’s win, foreign investors have been strong buyers of Indian equities this month, Live Mint reported.

The NSE Nifty 50 index also ended at a record high, ending 1.6 percent higher at 12,461, while the Nifty Metal index ended 1.8 percent higher, according to BloombergQuint. The Nifty Realty and Nifty I.T. indices also gained 1.5 percent each.

In the last session, Sensex ended 552.90 points higher at 41,893.06, and the broader NSE Nifty surged 143.25 points to 12,263.55.

(With inputs from Livemint, CNBC, Moneycontrol, BloombergQuint and PTI)