Rs 5 lakh cr gains! Sensex jumps 500 pts, Nifty above 23,700: Easing oil prices among 4 factors behind the surge

Indian stock markets saw strong gains for a third day. The Sensex climbed over 500 points, and the Nifty 50 surpassed 23,700. Easing oil prices boosted investor confidence. IT stocks led the rally, with Infosys and TCS showing significant increases. This surge added substantial value to the overall market capitalization.