India’s Sensex climbs 595 points as tech and auto shares power rally

Sensex rose 595 points to 84,466 and Nifty hit 25,875 as tech, auto and consumer stocks rallied on global optimism and strong earnings.

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India’s Sensex climbs 595 points as tech and auto shares power rally

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India’s Sensex climbs 595 points as tech and auto shares power rally
Sensex rose 595 points to 84,466 and Nifty hit 25,875 as tech, auto and consumer stocks rallied on global optimism and strong earnings.
India’s benchmark S&P BSE Sensex surged 595.19 points or 0.71% to close at 84,466.51 and the Nifty 50 gained 180.85 points or 0.70% to 25,875.80 on November 13, marking the third straight session of gains. Broad-based buying was led by IT, auto and consumer durable stocks, while Mid-Cap and Small-Cap indices also rose. 

Market breadth was positive, with 2,505 shares rising and 1,706 falling on BSE. Analysts attribute the strength to improving global cues, strong Q2 earnings, and optimism around the India-U.S. trade dialogue.

Sentinel