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Sensex Jumps 842 Points as Oil Prices Plummet Amid Geopolitical Easing

Guavy AI Editorial Team
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Indian stock markets surged on Monday as Brent crude prices plummeted nearly 7% following easing geopolitical tensions.

The drop in oil prices triggered a rally, pushing the Sensex up by 842 points to reach an intraday high of 76,901 and sending the Nifty 50 above the 24,000 level.

This added approximately ₹5 trillion to total market capitalization.

The rally was primarily driven by the cooling in Brent crude oil prices, which dropped to around $90 per barrel after military tensions in West Asia showed signs of de-escalation.

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