The Sensex rallied over 2300 points as the market recovered from the turmoil after the election results.

Stock market: BSE's benchmark Sensex rose over 2300 points as the domestic stock market recovered from the jitters after Wednesday's election results. At the same time, the NSE Nifty also remained above 735 points. However, the Sensex rose 948.83 points to 73,027.88 in morning trade and 1,772.04 points to 73,851.09 in afternoon trade. By the end of the trade, it had gained 2,303.19 points to close at 74,382.24 points. At the same time, the National Stock Exchange (NSE) also rose 247.1 points to 22,131.60 in morning trade and NSE Nifty gained 560.5 points to 22,445 in afternoon trade. At the end of the trade, it gained 735.85 points to close at 22,620.35 points. All-round bullish in the market: Recovering from the election jitters, the domestic equity market witnessed an all-round rally on Wednesday. The 30-share BSE Sensex finally gained 2,303.19 points to close at 74,382.24 points, while the NSE Nifty gained 735.85 points to close at 22,620.35 points. In late trade, the Bank Nifty also gained over 2100 points to end at 49,054.6, up 2,126 points, while the Midcap Nifty gained 2,115.90 points to close at 49,054.6. The points increased by 2,126 points to finally end at 51,266.7 points. Aditya Birla Finance Top Gainers Sensex Listed Companies Aditya Birla Finance, Vodafone Idea, Nalco, Sambal Fertilizer, HDFC Bank, Hindustan Aeronautics, SBI, Bharat Electronics India Limited, Canara National Bank were the gainers in the stock market, Emami Bank, Bigaji Foods, Sun TV Network, EPL and Anupam Rasayan. Of this, Aditya Birla Finance was the biggest gainer in the stock market. Apart from this, shares of Tata Steel, Mahindra and Mahindra, Bajaj Finance, Kotak Mahindra Bank, Hindustan Unilever, HDFC Bank, Axis Bank and JSW Steel also advanced. However, the market gained momentum due to heavy buying by HDFC Bank, ICICI Bank and Reliance Industries. Also Read: Defection Leaders Raise Victory Flag, How South Korea's Kospi Fared in Other Asian Markets, Japan's Nikkei, China's Shanghai Composite Index and Hong Kong's Hang Cheng is at a loss. Europe's major markets saw gains in early trade. The US market was on the upswing on Tuesday. Global oil benchmark Brent crude was up 0.14 percent at $77.61 a barrel. Foreign institutional investors sold shares worth Rs 12,436.22 crore on Tuesday, according to stock exchange data. Also Read: Will Dependence on Political Parties Diminish Government's Power in Economic Reforms? The post Sensex rises over 2300 points as market recovers from jitters after election results appeared first on Prabhat Khabar.

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