Nifty Rises 1.6% to 23,810 on Crude Price Drop and Foreign Inflows
The Nifty index rose 1.6% to close at 23,810, driven by easing crude oil prices and sustained foreign fund inflows. Analysts predict a positive consolidation for Indian equities following recent sharp gains. The rupee strengthened by 9 paise against the US dollar amid strong domestic equity buying. India VIX increased by 1 point.
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