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Stock market today: Why are Sensex, Nifty50 rallying today? Top reasons

By · Via Times of India · Published by Everything Blog

In short

The benchmark rally pushed the BSE Sensex above the 80,000 threshold, even as domestic small-cap and mid-cap indices faced persistent selling pressure. Favorable quarterly performance, such as Mahindra & Mahindra's sharp climb, combined with attractive valuations to stimulate buying. Meanwhile, international markets tumbled after U.S. election results raised regulatory fears that sparked deep losses in technology-heavy indices across the globe.

Key points

  • Global investors are rotating capital into Indian equities to escape steep international…: Global investors are rotating capital into Indian equities to escape steep international sell-offs in artificial intelligence shares.
  • The frontline index rally masked broader market weakness characterized by declines in mid…: The frontline index rally masked broader market weakness characterized by declines in mid-cap and small-cap stocks.
  • Optimism surrounding potential long-term capital gains tax relief helped trigger the larg…: Optimism surrounding potential long-term capital gains tax relief helped trigger the largest single-day institutional investment seen in years.

Sources checked by our analysis pipeline: 1

Stock market today: Nifty50 and

BSE Sensex continued to defy global market trends on Friday, extending their winning streak for the seventh consecutive session. The Sensex surged over 1,000 points, while the Nifty climbed past 24,700 during Friday’s session as early Diwali fireworks went off on Dalal Street.

At 1:36 PM, Nifty50 was trading at 24,747.40, up 211 points or 0.86%. BSE Sensex was at 80,336.05, up 1,026 points or 1.29%.Global equities suffered a sharp sell-off amid fading enthusiasm for artificial intelligence (AI) stocks following US President Donald Trump’s defeat in the midterm elections.

The rally in frontline stocks contrasted with a sharp decline across the broader market. The Nifty Smallcap 250 index dropped nearly 1.5%, while the Nifty Midcap 100 index lost more than 1% on Friday morning. Market breadth on the NSE consequently turned negative, with 2,236 stocks declining against 937 advancing, while 99 remained unchanged.

Why is stock market rallying today?

FIIs are back D-StreetForeign institutional investors (FIIs) stepped up their purchases of Indian equities on Thursday, recording net buying worth Rs 14,975 crore, according to provisional…

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