Bull run continues: Sensex rises 680 points, Nifty settles at 12,631

Sensex jumps 1.6%, extends Nov gains to 9.3%

The benchmark indices logged fresh all-time highs on Tuesday after promising trial results for a Covid-19 vaccine provided further ammunition to the bulls.

Joe Biden’s victory in the US Presidential elections have already turbocharged the global markets. The Sensex closed at 43,277, up 680 points, or 1.6 per cent. The index has gained 3,664 points, or 9.3 per cent this month.

The Nifty50 rose 170 points, or 1.4 per cent, to end at 12,631. Both indices on Monday had surpassed their previous lifetime highs hit on January 17.

While the headline indices posted strong gains, sectors that have outperformed this