Indices in Green:
Sensex: Gained 597.67 points (+0.74%) to close at 80,845.75.
Nifty 50: Added 181.10 points (+0.75%) to end at 24,457.15.
Key Drivers:
Gains led by HDFC Bank (+1.2%) and Reliance Industries (+1.2%).
Financial stocks rose 1%, with public sector banks up 2.6% (State Bank of India +3.3%, Punjab National Bank +2.8%, Bank of Baroda +2.5%).
Global Trends:
Asian Markets: Hong Kong’s Hang Seng (+1.0%), Japan’s Nikkei (+1.91%).
Global Optimism: MSCI Asia index (ex-Japan) rose 1.16%, buoyed by tech-driven Wall Street highs.
Currency & Commodities:
Rupee: Closed nearly unchanged at 84.6850 against the U.S. dollar after hitting a record low earlier.
Oil: Brent crude rose $0.55 to $72.38 per barrel, ahead of the OPEC+ meeting.
Foreign & Domestic Flows:
FIIs: Net sellers of ₹238 crore.
DIIs: Net buyers of ₹3,588 crore.
U.S. Federal Reserve Outlook:
Expectations for a 25 bps rate cut rise as U.S. job market data and November jobs report are awaited this week.