Domestic equity benchmarks, the Sensex and Nifty, extended gains for the second straight session on Thursday ahead of Diwali, supported by optimism over domestic earnings, renewed foreign capital inflows, and hopes of a potential trade deal between India and the US.
At the closing bell, the Sensex climbed 862.23 points, or 1.04 per cent, to settle at 83,467.66, while the Nifty50 rose 261.75 points, or 1.03 per cent, to end at 25,585.30. Advertisement
Investors’ wealth surged more than Rs 6 lakh crore in the last two trading sessions, as the combined market capitalisation of BSE-listed companies climbed over Rs 466 lakh crore from Rs 460 lakh crore on October 14.
Kotak Mahindra Bank emerged as the top gainer on Sensex, rising 2.67 per cent to close at Rs 2,206. It was followed by Titian