Markets Soar as Poll Optimism Takes Hold

From the 30-Sensex firms, Adani Ports, Hindustan Unilever, Reliance Industries, Larsen & Toubro, Eternal and Maruti were among the biggest gainers.| India News

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Benchmark indices Sensex and Nifty ended higher on Monday, driven by buying in blue-chip stocks and state poll results aligning with market expectations.

The 30-share BSE Sensex climbed 355.90 points or 0.46 per cent to settle at 77,269.40, while the 50-share NSE Nifty rallied 121.75 points or 0.51 per cent to end at 24,119.30.

Adani Ports, Hindustan Unilever, Reliance Industries, Larsen & Toubro, Eternal and Maruti were among the biggest gainers, while Bharti Airtel, Kotak Mahindra Bank, Tata Consultancy Services and ITC lagged behind.

Investor sentiment remained supported by a favourable election outcome in West Bengal and better-than-expected Q4 earnings, helping markets look past Middle East-related concerns.