‘Santa Claus rally’: Nifty50 crosses 26,200 mark; BSE Sensex soars above 1,000 points – What’s driving the upswing
India’s benchmark indices staged a sharp rebound on Wednesday, snapping a three-day losing streak as markets cheered strong, driven by the festive “Santa Claus rally”. Nifty 50 climbed 320.50 points to settle at 26,205.30, while Sensex surged 1,022.50 points to close at 85,609.51.In early trade, the 30-share Sensex had climbed 307.93 points to 84,894.94, while…