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Sensex cheers US polls, jumps 2k to eight-month high

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Sensex cheers US polls, jumps 2k to eight-month high
US President Donald Trump

MUMBAI: A global rally in stocks post Americans’ rebuke to Trump’s policies through the recent midterm polls lifted investor sentiment on Dalal Street on Thursday with the sensex closing 2,009 points or 2.6% higher at 79,310 points – the highest level in eight months.Since Wednesday, after US poll results started coming in that gave Democrats a huge mandate, gold and silver have been rallying in international markets that continued Thursday. The day’s session came on the back of a massive foreign fund buying of Indian stocks worth nearly Rs 15,000 crore, BSE data showed.



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