Extending gains to the second consecutive session, Indian stock market benchmarks the Sensex and the Nifty 50 ended with decent gains on Tuesday, November 11, tracking positive global cues.
The Sensex closed 336 points, or 0.40 per cent, higher at 83,871.32, while the Nifty 50 settled with a gain of 121 points, or 0.47 per cent, at 25,694.95. The BSE Midcap index also ended in the green, rising 0.20 per cent, but the Smallcap index slipped by 0.09 per cent.
Indian stock market: 10 key highlights from the day
1. Why did the Sensex, Nifty 50 rise today?
Positive global cues amid rising expectations of an end to the US shutdown underpinned market sentiment.
According to AP, the Senate approved a bill to end the government shutdown, with some Democrats agreeing to a deal with Republicans. The shutdown started on October 1 and is the longest one in history.
(This is a developing story. Please check back for fresh updates.)
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