Cheering Biden’s Victory, BSE Sensex, Nifty 50 Hit All-Time High

by Rahul Gautam Nov 09, 2020 • 07:07 PM Views 953

Indian stock markets are roaring high following Democrat Joe Biden’s win in the US presidential election. On Monday morning, the Sensex crossed the 42,000-mark by climbing 704 points. According to market experts, Joe Biden's victory was the reason behind this tremendous boom. As the uncertainty over the US presidential election results ended, foreign markets saw an improvement, investors confidence increased and foreign money poured into India stocks. Due to this, Indian benchmark indices — Sensex and Nifty — rallied to record highs in a day