Sensex closes 1,534 points higher, Nifty gains 1.66% as global sell-off in AI heavy markets improves India's relative appeal

Mumbai (Maharashtra) [India], October 15 (ANI): The stock markets closed sharply higher on Thursday, with the Sensex surging 1,533.72 points or 2.11 per cent to 74,315.61 and the Nifty 50 gaining 374.65 points or 1.66 per cent to 22,997.35, even as major Asian markets witnessed heavy selling amid concerns over stretched valuations of artificial intelligence companies and higher US inflation.

Vinod Nair, Head of R