Overview
- The BSE Sensex rose roughly 2,008.61 points to close at 79,310.01 and the NSE Nifty gained 576 points to finish at 24,536.60, marking a large single‑day advance.
- During the session the Sensex hit an intraday peak near 79,470.03, reflecting broad buying pressure across large caps.
- Reporters linked the rally to continued foreign institutional inflows and positive cues from US markets after midterm results, though claims that a sharp fall in crude drove the move are contradicted by Brent trading near $96 a barrel.
- Financials and consumer or transport names led gains with Bajaj Finance up about 7.8% and strong rises in InterGlobe Aviation, ICICI Bank, Maruti, Mahindra & Mahindra and Bajaj Finserv while energy and ports stocks lagged.
- The move extends a six‑session upswing that has lifted the Sensex and Nifty by about 8% overall, and it highlights how changes in oil prices and foreign flows could affect inflation, corporate costs, and market direction in the near term.