Sensex Jumps 1,400 Points as Oil Prices Ease

Indian benchmark indices surged on the day, with the Sensex rising about 1,400 points. The rally came as global crude prices dropped sharply, with Brent falling 8.7% to $94.62 a barrel and West Texas Intermediate dropping 8.3% to $88.12. Market commentary linked the move to the Democratic Party's sweep in the US Congress, which investors read as a factor easing oil-market pressure. The article's source material is limited, so the full context of the political and market drivers is not detailed here.
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