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Commodities

Sensex Rockets as Oil Prices Plunge Amid Easing Tensions

Guavy AI Editorial Team
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Indian stock markets rebounded strongly on Monday, ending their five-day losing streak. The benchmark Sensex jumped by 776.01 points to settle at 76,835.78, while the Nifty surged 228.50 points to end at 23,995.95.

The sharp decline in crude oil prices and easing tensions in West Asia triggered a relief rally in markets. Brent crude tanked 9.40 per cent to USD 87.64 per barrel.

Eternal jumped the most by 5.70 per cent among Sensex firms, followed by InterGlobe Aviation, Infosys, Bajaj Finance, Asian Paints, and Mahindra & Mahindra. HDFC Bank, Power Grid, and Axis Bank were the laggards.

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