Business Desk, Tech for FTCP, New Delhi
Updated Tue, 10 Nov 2020 11:25 AM IST
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However, as soon as the NDA alliance gave a tough fight and took the lead in 125 seats, the market again took the lead. At 11:04 am, the Sensex gained 492.19 points (1.16 per cent) to 43089.62 and the Nifty was up 128.20 points (1.03 per cent) to 12589.20. At present, counting of votes for the elections to 243 assembly seats of Bihar Legislative Assembly is going on. Trends have also changed along with counting of votes.
According to analysts, further market volatility will continue. Hence investors should be cautious. It is known that the index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. The impact of Joe Biden's victory in the US election was clearly visible. The stock market has been closing rapidly for the last six trading sessions.
During this period, the Indian rupee opened eight paise above the dollar at 74.06. Whereas it closed at 74.14 level on the previous trading day.
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