Stock Market Updates | Sensex Today: Domestic benchmarks Nifty 50 and Sensex rose on Wednesday, posting their biggest one-day gain in more than six weeks after Donald Trump declared victory in the US presidential election, which analysts saw them as a short-term boost to domestic stocks.

The Nifty 50 rose 1.12% to end at 24,484.05, while the Sensex rose 1.13% to 80,378.13. Both indexes posted their strongest performance since September 20. That positive move followed a roughly 7 percent decline from all-time highs hit on Sept. 27, attributed to unprecedented outflows in October and weak corporate earnings.

The Sensex and Nifty 50 on Wednesday extended their rally as Donald Trump claimed victory in the US presidential election 2024. Donald Trump is set to be the 47th president of the world’s largest economy. All sectoral indices traded in the green, led by IT, Realty, Auto, Metals and PSU Banks. The broader markets, Nifty Midcap 100 and Nifty Smallcap 100 outperformed the frontline indices, gaining over 1.9% each. Stay tuned to our Live Market blog for the latest updates.