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Sensex soars nearly 1,400 points this week; Here's what led to the rally

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022

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3 min read Last Updated : Dec 01 2023 | 2:11 PM IST

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Equity markets staged a swift rally this week with the BSE Sensex index soaring 1,383 points and BSE's market-cap topping the historic $4 trillion-mark for the first time.

On Friday, December 1, the Sensex jumped 569 points to an intra-day high of 67,557. The NSE Nifty benchmark scaled a new peak of 20,285 the same day, in a little over two months, since its previous record high of 20,222 made on September 15.

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022.

The rally came after a bout of

Topics : stock market rally Markets stock markets US Federal Reserve India GDP growth Foreign investors FPIs

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