Indian stock markets surged on November 22, with the BSE Sensex jumping 1,961 points to 79,117.11 and Nifty50 rising by 557 points to 23,907.25.
The rally was fueled by strong US job market data, with jobless claims at a seven-month low. Adani Group shares saw a sharp recovery, with Ambuja Cement up 6%. PSU banks like SBI and PNB led the charge, while IT stocks also gained from positive US employment news. The market's total value rose by Rs 7.2 lakh crore, reaching Rs 432.55 lakh crore.