MARKET UPDATE:Sensex surged over 600 points to as high as 42,534 and Nifty hit 12,445.2


Published On: Monday, November 9, 2020 | By:

MARKET UPDATE:Sensex surged over 600 points to as high as 42,534 and Nifty hit 12,445.2

The Indian benchmark indices hit their respective fresh lifetime highs after making a firm start today(9th November 2020) as clarity emerged on the US presidential polls front. Among the headline indices, the S&P BSE Sensex surged over 600 points to as high as 42,534 and the Nifty50 index hit 12,445.2, surpassing their previous record highs of 42,273.87 and 12,430.5, respectively, hit in January 2020. ICICI Bank, Infosys, HCL Tech, and Powergrid rose 2 percent each and were the top Sensex gainers. All the BSE constituents were trading in the green. The Nifty sectoral indices were also painted green, led by gains in the Nifty Bank index, up 1.6 percent. Two hundred and fifty-three companies, including Equitas Small Finance Bank, IndiaMART InterMESH, and JK Cement, are set to announce their September quarter earnings today.

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