Stock markets snap five-day fall; Sensex jumps 776 points on sharp drop in crude oil prices
The 30-share BSE Sensex rose 776 points, or 1.02%, to close at 76,835.78, ending a five-day decline, driven by a significant drop in crude oil prices. The NSE Nifty also increased by 0.96%, finishing at 23,995.95, with major gainers including InterGlobe Aviation and Infosys. This rebound reflects investor optimism following the decline in oil prices, which may ease inflationary pressures.