Sensex jumps 500 points, Nifty rises above 24,150 as oil prices cool below $73 per barrel (opens original article in a new tab)

Indian stock markets rose with Sensex and Nifty hitting new highs as oil prices fell below $73 per barrel, reducing inflation concerns and boosting market sentiment.

• Sensex rose over 500 points to 77,500 and Nifty 50 gained 150 points to 24,150
• Brent crude dropped 1.7% to $72.5 a barrel, easing concerns about inflation and growth
• India VIX dropped 5% to 13, indicating reduced market volatility
• Nifty Realty and Nifty Auto gained around 1% each, while Nifty Metal dropped 0.6%