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The market rose today with the Sensex gaining 550 points and Nifty above 24,100 as crude oil prices slipped.
- Sterlite Technologies surged 5% on QIP launch with a floor price of Rs 613.69.
- Auto stocks led gains with Maruti, TVS Motor, and Ashok Leyland rising, driven by a fall in crude oil prices.
- The rupee rose 31 paise to 94.24 against the US dollar.
- IndiGo and SpiceJet shares rallied up to 4% as crude oil prices fell below pre-war levels.
- Crude oil futures edged closer to pre-war levels, boosting aviation and auto stocks.