India, Nov. 5 -- Indian equity markets continued their upward momentum on Thursday, November 5, with the Sensex and Nifty 50 extending their winning streak to six consecutive sessions. A sharp decline in crude oil prices, renewed buying by foreign institutional investors (FIIs) and improved global sentiment following the US midterm election results supported the rally.

The BSE Sensex jumped 1,433.60 points, or 1.85%, to trade at 78,735. The NSE Nifty 50 gained 383.60 points, or 1.60%, to reach 24,343.55. The broader market also participated in the gains, with the Nifty Smallcap 100 and Nifty Midcap 100 rising more than 1% each. All sectoral indices were trading in positive territory, led by IT, auto, realty, private banking, metal and FM...