Sensex, Nifty close at five-month high as crude oil falls
Sensex closed 544 points higher at 78,639 and Nifty rose 391 points to 24,774 on Monday, marking a five-month high.
Sensex closed 544 points higher at 78,639 and Nifty rose 391 points to 24,774 on Monday, marking a five-month high.
Sensex and Nifty rallied on Wednesday as IT stocks led gains amid a rebound in crude oil prices.
The Sensex and Nifty closed nearly flat on Tuesday as a slide in Hindustan Unilever offset a rally in IT stocks.
The Sensex jumped 776 points as a five-day market slump ended on Monday, with the Nifty settling at 23,995.95.
India’s Sensex and Nifty rebounded sharply on Monday as crude oil prices sank 5%, ending a five-session losing streak.
India’s Sensex and Nifty 50 fell for a fifth consecutive session on Friday, closing at 76,059.77 and 23,767.45 respectively, as crude oil prices rose amid US-Iran tensions.