Stock Market Highlights, Monday, November 25, 2024: Benchmark equity indices, the BSE Sensex and NSE Nifty50, ended the first trading session of the week on a higher note, rising over 1 per cent each. Markets drew encouragement from the massive victory of the Bharatiya Janata Party (BJP)-led coalition in the Maharashtra Assembly elections, as well as the strength in global markets.
The BSE Sensex jumped as much as 1,961.32 points or 2.54 per cent to settle at 80,109.85. The index scaled an intraday high of 80,473.08.
Mirroring Sensex, NSE Nifty50 also ended higher by 314.65 points or 1.32 per cent at 24,221.90, after scaling an intraday high of 24,351.55 on Monday. The day ended in favour of the bulls, with 47 out of 50 constituent stocks of the Nifty50 ending in the green, led by ONGC, BEL, BPCL, and Shriram Finance, with gains of up to 5.48 per cent. JSW Steel, Tech Mahindra, Infosys, Maruti Suzuki India, and Bajaj Auto were among the 19 constituent stocks of Nifty50 that ended in red with losses extending up to 2.32 per cent. Among the broader markets, the Nifty Smallcap100 and Nifty Midcap100 indices ended higher by 2.03 per cent and 1.61 per cent, respectively. All the sectoral indices ended in the green, with the Nifty PSU Bank index outperforming others, ending higher by 4.16 per cent on Monday. Among others, Bank Nifty, Realty, and OMCs indices ended higher by over 2 per cent. This was followed by Nifty Financial Services, Media, Private Bank, and Consumer Durables, which ended higher by over 1 per cent each.