Market Open: Sensex rises 809.64 points to 61,423.34 in early trade; Nifty gains 239.70 points to 18,267.90
Updated: 11 Nov 2022, 10:23 AM IST
TL;DR.Financial markets rallied after the US consumer price index eased to 7.4 per cent in October from 8.2 per cent in September. Markets were on tenterhooks after the US Federal Reserve indicated more interest rate tightening to fight inflation. The current US inflation data points to an early end of the interest rate hike cycle.
In India, there are two predominant stock exchanges namely BSE and NSE.