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Dalal Sreet Soars: BSE jumps 2,009 points, NSE tops 24,500; Falling crude, FII buying, US poll verdict add Rs 7 lakh cr
- MUMBAI — Indian equity markets staged one of their most powerful single-day rallies in recent months on November 5, as benchmark indices posted explosive gains and added nearly Rs 7 lakh crore to the total market capitalisation of BSE-listed companies.
- The 30-share BSE Sensex surged 2,008.61 points, or 2.60 per cent, to settle at 79,310.01, while the broader NSE Nifty 50 jumped 576 points, or 2.40 per cent, to close at 24,536.60.
- A powerful convergence of three key catalysts fueled the market surge: a steep correction in global crude oil prices, a sustained comeback by Foreign Institutional…
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