Sensex jumps over 1,600 points as Nifty gains 2% on crude dip and foreign inflows
Indian equities surged on Dalal Street, with the Sensex climbing more than 1,600 points and the Nifty50 rising about 2 percent. Falling crude oil prices helped lift sentiment, while foreign investors resumed buying Indian shares. Outcomes of the US midterm elections also had a favourable effect on global market mood. Broader indices and banking stocks participated in the gains, signalling wide-ranging investor optimism.
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