INSUBCONTINENT EXCLUSIVE:
Stock Market Updates: Gains in automobile, energy and PSU bank shares supported the marketsDomestic stock markets started Friday's session
on a positive note tracking gains across Asian equities, which rallied to a near three-year peak in anticipation that a divided US
legislature would limit major policy changes and keep the status quo on economic policies
The S-P BSE Sensex index rose 199.22 points - or 0.48 per cent - to touch 41,539.38 at the strongest level in early deals, and the broader
Industries, Tata Motors, NTPC, Bajaj Auto and Eicher Motors, trading between 1.25 per cent and 2.66 per cent higher, were the top gainers in
each, were the worst hit among 19 laggards in the index.Reliance Industries, HDFC and NTPC were the biggest contributors to the gain in
Ventures.With the ongoing rally, which entered a fifth day on Friday, both benchmark indices have nearly recovered all of their losses so
far this calendar year.Meanwhile, shares in other Asian markets hovered near three-month highs, as investors expect Democrat Joe Biden to
beat President Donald Trump, and the Republicans to retain control of the Senate, allowing them to block the Democrats' agenda, such as
corporate tax hikes and massive borrowing for large spending.
