The Indian equity market surged on November 25, with the Sensex rising by 992.74 points to close at 80,109.85 and the Nifty gaining 314.60 points to finish at 24,221.90, following a decisive victory for the BJP-led Mahayuti alliance in the Maharashtra elections. Positive global cues contributed to a strong opening, although some intraday gains were lost due to selling at higher levels. The election outcome is expected to enhance market sentiment in the near term, with government spending being crucial for growth amidst ongoing fiscal concerns.
