Stock markets rallied more than 1 per cent on Wednesday with benchmark Sensex soaring 901 points on heavy buying in IT and pharma shares amid Donald Trump's victory in the US presidential polls

The S&P BSE Sensex gained 900.50 points to settle at 80,378.13, while the Nifty50 surged 270.75 points to 24,484.05. Earlier in the session, Sensex had surged over 1,000 points. Listen to Story Benchmark stock market indices ended Wednesday’s trading ...

The Sensex rose to 80,489.70, which is up 1,013.07 points or 1.27%, while the Nifty rose to 24,514.35, which is 301.05 points or 1.24% up

The 30-share BSE Sensex gained 711.53 points or 0.9 per cent to 80,188.16. The broader Nifty rose 223.90, or 0.92 per cent, to 24, 437.2. The Nifty IT index surged 3.42 per cent in the afternoon trades.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 24,213.30, while Sensex ended at 79,476.63. Overnight, Wall Street indices ended higher ahead of the US election 2024 outcome.

In overnight trade, Dow Jones Industrial Average climbed 427.28 points, or 1.02 per cent, at 42,221.88. The S&P 500 index also jumped 70.07 points, or 1.23 per cent, to 5,782.76.