{
  "id": 18303554,
  "title": "Nifty posts best single-day gain since April, crosses 24,500 for first time in three months",
  "url": "https://urgent.news/2026/11/05/nifty-posts-best-single-day-gain-since-april-crosses-24-500-for-first",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T12:18:38.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nifty-posts-best-single-day-gain-since-april-crosses-24500-for-first-time-in-three-months/article71669761.ece"
  },
  "original_language": "en",
  "account": "Markets surged sharply on Thursday, posting their sixth consecutive day of gains as a 9% drop in Brent crude and a Democratic victory in US midterm elections caused a rapid shift in global sentiment favorable to India. The Nifty 50 closed at 24,536.60, marking its highest single-day percentage gain since April 8, 2026, and its strongest close in nearly three months. The Sensex also reached a new high, closing at 79,310.01. Bank Nifty outperformed both, surging 1,860.05 points or 3.33%. This marks the Nifty's strongest six-session run since February 2021, with investors adding roughly ₹7 trillion in market value in a single day. The rally was broad-based, with 36 of 38 BSE sectoral indices advancing. Bank Nifty led the gains, followed by auto, financial services, realty and private banks. Energy and public sector utilities, however, lagged in line with falling crude. Brent crude hovered near $94-96 per barrel, while WTI was around $86-87. The Nifty Midcap 100 and Nifty Smallcap 100 also gained, with fuel- and crude-linked cost structures at IndiGo, Asian Paints and CEAT being the biggest beneficiaries. The rupee strengthened for a fifth straight session, appreciating 17 paise to 94.47 per dollar due to softer crude, a weaker dollar index and continued foreign inflows.",
  "summary": "Bank Nifty outperformed both, surging 1,860.05 points or 3.33 per cent to close at 57,773.65",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}