Stock markets take winning run to 4th day as crude oil prices drop sharply; Nifty surges 1.6%
The Nifty index surged 1.6% as stock markets extended their winning streak to four days, buoyed by a significant drop in crude oil prices. The 30-share BSE Sensex rose by 544.39 points, closing at 78,639.03, after reaching an intraday high of 78,895.10. Foreign fund inflows further contributed to the positive market sentiment.