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Sensex rallies 595 points as Nifty crosses 25,850 driven by IT and auto gains
Sensex surged 595 points to 85,311 and Nifty crossed 25,850, supported by IT, banking, and auto stocks amid global market optimism.
Indian benchmark indices rallied sharply on November 12, with the Sensex climbing 595 points to 85,311 and the Nifty surpassing 25,850. Strong performance in IT, banking, and auto sectors led the uptrend. Asian Paints advanced 7%, Tech Mahindra rose 3%, while HDFC Bank gained 2.4%. Broader market sentiment improved after positive U.S. inflation data and resilient global equity trends.
Market breadth remained positive with 1,920 advances against 1,084 declines. Total turnover on the NSE increased to ₹1.85 lakh crore during the session.