Indian equity markets extended their gains for the second consecutive session on Thursday, supported by positive global trends and a decline in crude oil prices. The BSE Sensex surged over 400 points, while the NSE Nifty crossed the 24,100 mark during early trade.
Market sentiment improved after international crude oil prices fell below $73 per barrel, easing concerns over inflation and import costs for India. Analysts believe lower oil prices have boosted investor confidence.
Buying was seen across banking, financial, and automobile stocks, while the broader market also traded in positive territory. Market experts expect the bullish momentum to continue if global conditions remain favorable.
