Stock market today: Why are Sensex, Nifty50 rallying today? Top reasons

Stock market today: At 1:36 PM, Nifty50 was trading at 24,747.40, up 211 points or 0.86%. BSE Sensex was at 80,336.05, up 1,026 points or 1.29%.Global equities suffered a sharp sell-off amid fading enthusiasm for artificial intelligence (AI) stocks following US President Donald Trump’s defeat in the midterm elections.