Mint Evening Market Wrap artwork

155: 03.11.2020 | Markets rise on global rally ahead of US election

Mint Evening Market Wrap

English - November 03, 2020 12:16 - 5 minutes
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Previous Episode: 154: 02.11.2020 | Markets ranged as US election uncertainties weigh
Next Episode: 156: 04.11.2020 | Markets gain as investors await US election results

Indian markets maintained momentum supported by increased demand for banking stocks due to improvement in business outlook. Globally too, the markets were on a strong footing as the US manufacturing data surpassed expectations and a similar rebound was seen across Europe and China. The BSE Sensex ended 40,261.13, adding 503.55 points or 1.27%. The Nifty closed at 11,813.50, gaining 144.35 points or 1.24%.