6 years ago
Domestic stock markets soared to record highs on Tuesday as data showing a smaller-than-expected contraction in the economy and broader optimism stemming from hopes for a COVID-19 vaccine boosted investor sentiment. The S&P BSE Sensex index jumped 581.07 points, or 1.32 per cent, to touch 44,730.79 at the strongest level recorded during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 13,128.40, gaining 159.45 points, or 1.23 per cent, from its previous close. Both indices clocked gains of more than 11 per cent in November, driven by record inflows from foreign institutional investors (FIIs) and news on progress in COVID-19 vaccines. (Stocks To Watch Today)
