Nifty extends winning run to fifth session as Bihar poll outcome boosts sentiment

The Nifty 50 extended its winning streak for the fifth consecutive session on Friday, closing at 25,910.05, up 30.90 points or 0.12 per cent, as investors cheered the National Democratic Alliance’s decisive victory in the Bihar assembly elections. The BSE Sensex ended at 84,562.78, gaining 84.11 points or 0.10 per cent, after trading in a narrow range through most of the session before a sharp surge in the final 30 minutes propelled indices higher.

The NDA’s thumping majority in Bihar, which exceeded most exit poll predictions, reinforced expectations of policy continuity and political stability, significantly boosting investor confidence. Shrikant Chouhan, Head Equity Research at Kotak Securities, said, “Global equity markets were mostly positive in this week, and the Indian equity marke