Brief by Shorts91 Newsdesk / 10:04am on 05 Nov 2026,Thursday Business
Indian stock markets witnessed a strong rally on Thursday, with the Sensex rising nearly 2,000 points. At 2:20 pm, the Sensex was up 1,981 points, or 2.56%, at 79,282.61. The Nifty gained 551.60 points, or 2.30%, to reach 24,512.20. The rally followed a sharp fall in global crude oil prices after the Republican Party's defeat in the US midterm elections. Lower oil prices raised hopes of reduced inflation and import costs for India. Market experts also pointed to hopes of a possible end to the US-Iran conflict.
