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Stock Market Today, October 20: The Indian equities market started the week on a buoyant note this Monday as the festive mood around Diwali spilled into Dalal Street. The BSE Sensex jumped nearly 411.18 points to close at 84,363.37, while the Nifty 50 climbed over 133.3 points to close above the 25,800 mark at 25,843.15. Among the standout gainers were heavyweights such as Reliance Industries, and banking stocks.
The Nifty Bank touched its fresh all-time high of 58,261.55 during the day, before closing 319.85 points higher at 58,033.20.
This strong start reflects a combination of favourable earnings cues, festive buying sentiment and underlying optimism in financials and large-caps.
Banks, financials, IT, pharma, and oil & gas were the top gaining sectors on Oc