BJP election win cheers Indian stock market; Sensex, Nifty 50 rally to record high

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Sensex and Nifty opened Monday, 4 December, at fresh all-time highs with analysts saying the victory of the ruling Bharatiya Janata Party (BJP) in Assembly elections 2023 in three states – Rajasthan, Chhattisgarh and Madhya Pradesh, has given fillip to the ongoing rally.

At open, the Nifty 50 rose 1.65 per cent to 20,602.50 points, notching a record high for second session in a row.

The Sensex was up 1.64 per cent at an all-time high of 68,587.82.

At 9:53 am IST, Sensex was up 948.31 points or 1.41 per cent to trade at 68,429.50. Nifty 50 was at 20,556.25 points up 288.35 points or 1.42 per cent.

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from Firstpost India Latest News https://ift.tt/qihD4Ns
Umang Sharma

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