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Sensex jumps nearly 300 points, Nifty soars over 117 points as crude oil prices ease

The 30-share BSE Sensex gained 299.17 points, or 0.40 per cent, to settle at 74,828.25. The 50-share NSE Nifty jumped 117.80 points, or 0.50 per cent, to end at 23,446.80

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Representational Image. File pic.

Representational Image. File pic.

The domestic equity benchmark indices rebounded on Wednesday amid stronger domestic economic activity, crude oil prices easing below USD 100 per barrel, a possible de-escalation in the US-Iran conflict and the reopening of Strait of Hormuz.

Market movement

The 30-share BSE Sensex gained 299.17 points, or 0.40 per cent, to settle at 74,828.25. The 50-share NSE Nifty jumped 117.80 points, or 0.50 per cent, to end at 23,446.80.

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