Stock market rallies after US elections: Sensex up 900 points, Nifty up 270

The BSE Sensex closed at 80,378.13, which is up 901.50 points or 1.13%, while the Nifty rose to 24,484.05, which is 270.75 points or 1.12% up

The Indian stock market rallied after the US election result showed a victory for Republican candidate and former President Donald Trump.

People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (REUTERS)

The benchmark BSE Sensex closed at 80,378.13, which is up 901.50 points or 1.13% from the previous day's close, while the Nifty rose to 24,484.05 at the same time, which is 270.75 points or 1.12% up from the previous close.

How did the markets perform yesterday?

The Sensex closed yesterday at ₹79,476.63, which was up by 694.39 points or 0.88%, while the Nifty reached 24,213.30, which was up by 217.95 points or 0.91%.

Which Sensex companies rose and fell the most?

TCS, Infosys, and Tech Mahindra rose the most among Sensex companies at 4.21 %, 4.02 %, and 3.85 % into the green respectively.

Only Titan, (-1.72%) IndusInd Bank (-1.14 %), Hindustan Unilever (-0.79%), Axis Bank (-0.35%), and HDFC Bank (-0.22%) went into the red among the 30 Sensex companies.

All the Nifty sectoral indices closed in the green.

The Nifty IT, Realty, and Oil & Gas sectoral indices rose the most at 3.99%, 2.58%, and 2.54% respectively.