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Closing Bell: Sensex Surges 776 Points, Nifty Nears 24,000

Indian stock markets ended their 5-day losing streak today. The Sensex surged 776 points to close at 76,835, while the Nifty climbed 229 points to finish at 23,995. Falling crude oil prices, easing geopolitical tensions, a stronger rupee and gains in IT stocks lifted investor confidence, triggering a broad-based rally across most sectors.