Sensex jumps over 400 points, Nifty 50 settles at 24,750; what drove the Indian stock market higher today? EXPLAINED

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The Nifty 50 opened at 24,691.20 against its previous close of 24,620.20 and jumped over a per cent to an intraday high of 24,899.85. The BSE Midcap and Smallcap indices also rose by 0.39 per cent and …