Economic TimesLean R·
Why is market rising today? Sensex soars over 800 pts, Nifty nears 24,200; 4 key factors
The Indian stock market surged on Wednesday, with benchmark indices Sensex and Nifty rising nearly 1% each, despite a sharp increase in oil prices as US-Iran tensions escalated.At 9:49 am Sensex soared above 800 points to trade at 77,550 level, while Nifty gained over 200 points to trade above 24,200 mark. The sharp gains added around Rs 3 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 482 lakh crore.Infosys, L&T, Eternal, Hindustan Unileve…
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