Stock Markets Rally: Sensex, Nifty Surge on IT Gains, Global Cues, Crude Oil Drop
Stock Markets Rally: Sensex, Nifty Surge on IT Gains, Global Cues, Crude Oil Drop
- •Sensex and Nifty rallied in early trade, continuing gains from previous sessions.
- •A sharp rally in IT stocks contributed significantly to the optimistic market trend.
- •The 30-share BSE Sensex jumped 518.84 points to 76,589.68; Nifty surged 157.75 points to 23,738.90.
- •Brent crude declined to USD 101.9 per barrel, easing fears of spiking oil prices.
- •DIIs bought stocks worth Rs 5,225.32 crore, providing stability despite FII selling.