Nifty jumps 391 points to 24,774, Sensex closes at 78,639 as lower crude prices, FII inflows fuel rally

Mumbai (Maharashtra) [India], August 3 (ANI): Domestic equity markets ended sharply higher on Monday, supported by a steep fall in crude oil prices, renewed foreign institutional investor (FII) inflows and strength in the rupee, while investors remained focused on the upcoming RBI monetary policy meeting. The Nifty 50 closed at 24,774. 30, up 390.