The Indian stock market opened on a high note, with the Sensex rallying 1,289 points to cross the 80,000 mark and Nifty rising 405 points to 24,312.
This follows a 1.5% rise last Friday. Strong investor sentiment was driven by the NDA’s decisive victories in Maharashtra and Jharkhand elections, boosting economic stability prospects. All 13 sectors gained, with small- and mid-caps up 2%. Reliance Industries rose 2.5% after Citi’s upgrade to “buy,” and Zomato jumped 6%, replacing JSW Steel in the BSE Sensex from December 23.