Sensex rises over 300 points, Nifty approaches 24,000
after close1 source ↓written by the desknot a recommendation
- 76,822.84
- 23,995.50
- prices
- 6% surge in Brent crude
The Indian equity markets rebounded with Sensex up 319.24 points to 76,822.84 and Nifty rising 113.45 points to 23,995.50. This recovery follows a previous market decline, despite a nearly 6% surge in Brent crude prices to around USD 79 per barrel due to geopolitical tensions.
Traders are optimistic as the indices approach key psychological levels, indicating potential bullish sentiment in the near term. The Oil and Gas sector may face volatility due to rising crude prices, impacting broader market dynamics.
Not investment advice. For informational purposes only.