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Stock markets rally in early trade on slump in oil prices, positive trend in Asian peers

The 30-share BSE Sensex jumped 885.32 points to 74,953.77 in early trade. The 50-share NSE Nifty surged 307.65 points to 23,220.05

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Brent crude, the global oil benchmark, tumbled 4.34 per cent to USD 99.95 per barrel. Representational Pic

Brent crude, the global oil benchmark, tumbled 4.34 per cent to USD 99.95 per barrel. Representational Pic

Benchmark indices Sensex and Nifty extended their previous session’s rally in early trade on Wednesday, tracking a sharp decline in crude oil prices and a positive trend in Asian markets, amid hopes of de-escalation in the West Asia conflict.

The 30-share BSE Sensex jumped 885.32 points to 74,953.77 in early trade. The 50-share NSE Nifty surged 307.65 points to 23,220.05.

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