Markets Rally for Second Consecutive Day: Sensex Surges Over 696 Points
The bullish trend in the market continues as the 30-share BSE Sensex surged by 696.46 points to 75,078.70 in early trade, marking a second consecutive day of gains. Among the 30 Sensex companies, NTPC, State Bank of India, Power Grid, Tata Steel, Tech Mahindra and HCL Technologies emerged as the biggest gainers. The buoyant start on Thursday follows the unanimous election of Narendra Modi as the leader of the BJP-led National Democratic Alliance (NDA). This decision has instilled confidence in investors, leading to a continuation of the previous day's sharp rally. The NSE Nifty also witnessed an upward trend, climbing by 179.15 points to reach 22,799.50. Notable gainers among the 30 Sensex companies include NTPC, State Bank of India, Power Grid, Tata Steel, Tech Mahindra, and HCL Technologies. However, Hindustan Unilever, Nestle, Sun Pharma, and Asian Paints lagged behind. Narendra Modi's unanimous election as the leader of the NDA signals his historic third consecutive term as...