Mumbai, Nov 6 (Agency) India’s benchmark indices rallied more than one per cent as the BSE Sensex on Wednesday zoomed 901.50 points to close high at 80,378.13 as buying was seen across the board following Donald Trump’s victory in US Presidential election ending uncertainty. The National Stock Exchange (NSE) also gained 270.75 points to close at 24,484.05. The buying was seen across the board but IT sector shares were in the limelight following Trump’s victory in the US presidential elections. It is widely expected that IT sector will get boost in the US market in view of Trump’s proposal to reduce corporate tax in the domestic market. The Nifty registered days high and low at 24,537.60 and 24,204.05 points respectively. The Sensex opened in green at 79,771, up 295 points. It rallied by 1093 points at 80,569.73, a day’s high, before closing at 80,378.13, advancing 901.50 points from its previous close.
The Foreign Institutional Investors (FIIs) had sold equities to the tune of Rs 2,569 crore while the Domestic Institutional Investors (DIIs) had bought equities worth Rs 3,031 crore in the last trading session yesterday, according to data available. The stocks that boosted the market were IT by 4.04 per cent, Telecom by 3.37 per cent, and Industries by 2.66 per cent. The Mid-cap rose by 2.28 per cent and the Small cap by 1.96 per cent. In 30-scrips BSE Sensex, shares of 26 companies advanced as they ended in green while that of four companies declined over their previous close. In today’s trade, the gainers were TCS by 4.21 per cent to Rs 4138.80, Infosys by 4.02 per cent to Rs 1824.30, Tech Mahindra by 3.85 per cent to Rs 1696, HCL Technology by 3.71 per cent to 61838.95 and Adani Ports by 3.21 per cent to Rs 1371.90. The losers included Titan by 1.72 per cent to Rs 3177.50, IndusInd Bank by 1.14 per cent to Rs 1077.60, and Hind Unilever by 0.79 per cent to Rs 2501.35.