Sensex jumps 579 points, Nifty tops 24,175 as easing oil prices lift market mood
Indian benchmark equity indices ended higher on Thursday, supported by a decline in global crude oil prices after encouraging signs emerged from trade talks between the United States and Iran, boosting investor sentiment.
The Nifty closed at 24,175.70, gaining 169.85 points, or 0.71 per cent, while the Sensex advanced 579.48 points, or 0.75 per cent, to settle at 77,502.12.
Among the top gainers in the Nifty 50 index were Infosys, Tech Mahindra, HCL Technologies, TCS, Bajaj Finserv, and Wipro. On the losing side, Max Healthcare, L&T, Axis Bank, Nestlé India, Kotak Bank, Reliance Industries, and Maruti Suzuki were among the top laggards.
The broader market also participated in the uptrend. The Nifty MidCap index ended 0.48 per cent higher, while the Nifty SmallCap index outperformed with a gain of 1.25 per cent.
Among sectoral indices, the Nifty IT was the best performer of the day. The Nifty Auto, Nifty Consumer Durables and Nifty Realty indices also posted strong gains as positive global cues and easing concerns over oil prices lifted market sentiment.
-IANS
