Sensex jumps 750 points, Nifty 50 ends a shade below 24,000; what drove the stock market today?

Indian benchmarks rallied on Monday with broad-based buying across segments, snapping a five-day losing streak. The Sensex jumped 776 points (1.02%) to close at 76,835.78, while the Nifty 50 gained 229 points (0.96%) to settle at 23,995.95, just below the 24,000 mark.