Stock Markets Rise As Sensex Gains Over 100 Points, Nifty Closes At 24,056

Summary

The Indian benchmark indices rose on Thursday, with the Sensex jumping over 109 points to settle at 77,100 and the Nifty gaining 34 points to close at 24,056. The biggest positive for India was the decline in Brent crude oil prices to below 73 dollars per barrel, according to VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited. This decline in oil prices, along with eased concerns over supply disruptions and improved global supply conditions, contributed to the positive performance of the indices.