Stock Market Highlights 25 November 2024: Sensex, Nifty close over 1% higher on BJP alliance’s win in Maharashtra

Sensex, Nifty, Share Prices : Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, helped by a rally in blue-chip stocks and the BJP pulling off a stunning performance in Maharashtra, winning a record number of seats to propel the party-led ruling Mahayuti alliance to a landslide victory.

Extending its previous day’s sharp rally, the BSE benchmark Sensex jumped 992.74 points or 1.25 per cent to settle at 80,109.85. During the day, it soared 1,355.97 points or 1.71 per cent to 80,473.08.

The NSE Nifty surged 314.65 points or 1.32 per cent to 24,221.90.

From the 30-share Sensex pack, Larsen & Toubro, State Bank of India, Adani Ports, Reliance Industries, Power Grid, ICICI Bank, HDFC Bank, Tata Consultancy Services, Kotak Mahindra Bank and Axis Bank were the biggest gainers.

On the other hand, JSW Steel, Tech Mahindra, Infosys, Maruti, Asian Paints and HCL Tech were the laggards.

Online food delivery giant Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23.