Sensex gains over 300 points:Trading at 84,900, Nifty also rose by 100 points; Banking and IT shares gained

There is a rally in the stock market today, October 29. The Sensex is trading at the 84,900 level, up by 300 points. Meanwhile, the Nifty is also up by about 100 points, trading at the 26,000 level.
Out of 30 Sensex shares, 25 are up and 5 are down. Banking and IT shares are seeing more momentum, while auto shares are down. Meanwhile, Orkla India Limited’s IPO has opened today. Investors can bid in this IPO till October 31. This IPO will be listed on November 6. Rally in Asian markets Market fell yesterday Earlier, on October 28, the second trading day of the week, the stock market saw a decline. The Sensex closed down 151 points at 84,628. Meanwhile, the Nifty also fell by 30 points, closing at 25,936. Out of 30 Sensex stocks, 21 fell and 9 rose. There was selling in IT, Realty and FMCG. Meanwhile, Metal and Banking shares saw a rise.