Nifty jumps 300 points as crude drops and rupee strengthens
after close1 source ↓written by the desknot a recommendation
- to close
- 300 points
- to close
- 24,330
- higher but faced
- 139 points
- in the latter
- 360 points
- compared
- 18%
Nifty surged 300 points to close at 24,330, breaking out of a seven-session consolidation. The index opened 139 points higher but faced a dip before a strong rally of 360 points in the latter half. NSE cash market turnover increased by 18% compared to the previous session.
Key Points:
• Top gainers included Indigo, Tata Motors Passenger Vehicles, and Shriram Finance.
• ONGC, Reliance, and Power Grid were notable laggards.
• All sectoral indices, except Nifty FMCG, closed in the green, with PSU Banks leading the gains.
Not investment advice. For informational purposes only.