Amidst mix global cues in the middle of US election results, the Indian equity markets witnessed steady increase today. The Sensex at the Bombay Stock Exchange, ended at 41,340 to close at 724 points higher.
The Nifty of the National stock exchange ended above the crucial 12,000 level at 12,120 with an increase of 212 points, or 1.78 per cent. With today’s rally, the S&P BSE Sensex erased all its 2020 losses and turned positive for the year. On a year-to-date (YTD) basis, the index is now up 0.2 per cent while NSE’s Nifty is still down 0.4 per cent from its December 31, 2019 level of 12,168.45.
The broader market rallied in-line with the frontline indices. The BSE MidCap index ended 263 points, or 1.74 per cent higher at 15,349 points while the BSE SmallCap index closed the session at 15,136, up 253 points, or 1.7 per cent.