Sensex rises nearly 600 points as US bond yields dip
Tuesday, 7 November 2023
The Sensex rose by 595 points on Monday, marking its third consecutive session of gains. This was mainly driven by a drop in US gilt yields and a decrease in crude oil prices. Additionally, an upgrade for the Indian economy by Fitch Ratings boosted investor sentiment. In the last three sessions alone, the Sensex has gained 1,367 points or 2.2%, and market capitalization has increased by Rupees 8 lakh crore.
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