Nifty gains most in a day since April, closes above 24,500
The Nifty 50 closed at 24,536.60, up 576 points, after six consecutive sessions of gains. The article cites a near 9% Brent crude decline and the Democratic sweep of the US midterm elections as factors in the rally.
Markets closed sharply higher on Thursday, logging their sixth consecutive session of gains, as a near 9 per cent crash in Brent crude and the Democratic sweep of the US midterm elections rewired global sentiment in India’s favour almost overnight.The Nifty 50 closed at 24,536.60, up 576 points or…