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Share Market: Sensex zooms 680.22 pts to end at fresh peak of 43,277.65

It is being told that the Indian stock market is witnessing a tremendous jump due to the news of 90% success in the final clinical trial of American Pharma Company Pfizer's Corona Virus Vaccine.

Yogita S.

Yogita S.By Yogita S.

Published on 10 Nov 2020 12:24 PM GMT

Share Market: Sensex zooms 680.22 pts to end at fresh peak of 43,277.65
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New Delhi: Right now, big news is coming from the stock market. The Bombay Stock Exchange (BSE) Sensex has crossed the 43,000 mark for the first time. While the Nifty is also consistently leading and at this time it is nearing 13,000.

Sensex rose 1.43%:

It is being told that the Indian stock market is witnessing a tremendous jump due to the news of 90% success in the final clinical trial of American Pharma Company Pfizer's Corona Virus Vaccine.

Investors buoyed by the news of the Corona vaccine coming up today, according to stock market experts, was the reason why the Sensex rose 1.43% to reach its alltime high of 43,184.13 points at 2 pm today.

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Bank Nifty is up 1150 points:

The Nifty was also affected. It has made a tremendous jump and it has crossed the mark of 12605.75 with a gain of 1.16%. While Bank Nifty is up 1150 points today.

According to experts, in the joy of Joe Biden's victory in the first US presidential election, investors shopped fiercely and now Pfizer's Covid vaccine has given a strong jump in the stock market.

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If we talk about the stock market data, today financial services and realty stocks have seen a lot of momentum. Where today Pfizer's stock rose 19.5% to Rs 5,875.

On the BSE, it has increased by 63% since March. Similarly, the price of one share of Pfizer in March was Rs 3,588 which now reached Rs 5,875. On Monday, the company claimed that its corona vaccine was 90 percent beneficial.

On the other hand, with the Bihar assembly elections, the stock market got more strength after BJP got a good number of votes in Madhya Pradesh, Jharkhand, Gujarat and Karnataka assembly by-elections.

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Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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