Economic TimesLean R·
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
The Indian stock market sharply surged on Wednesday, with benchmark indices Sensex and Nifty rising more than 1% each, despite a sharp increase in oil prices as US-Iran tensions escalated.Sensex soared nearly 889 points to close at 77,655 while Nifty gained around 265 points to end the session above 24,250. The sharp gains added over Rs 4 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 483 lakh crore.Hindustan Unilever (HUL) and Infosys shares w…
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