Nifty tops 24,500 as Sensex jumps 2,070 points
In short
The Nifty moved above 24,500 and the Sensex rose 2,070 points as crude prices kept falling.
Bajaj Finance led the market rally. Breadth was strong too, with 117 stocks at 52-week highs and 213 stocks locked in upper circuits.
What the reporting says
The Nifty crossed 24,500 and the Sensex gained 2,070 points as crude extended its slide, while Bajaj Finance led the rally. BusinessLine Markets also reported that 117 stocks hit 52-week highs versus 60 lows, with 213 stocks in upper circuits and 152 in lower circuits. The breadth data points to a strong but uneven market session.
Why it matters
Indian stocks rallied as the Nifty crossed 24,500 and the Sensex rose 2,070 points, with crude oil’s continued slide supporting sentiment and Bajaj Finance leading gains. BusinessLine Markets said 117 stocks hit 52-week highs and 213 were locked in upper circuits, showing broad participation even though 152 stocks hit lower circuits. The move matters for investors across the Indian equity market.