Sensex jumps over 900 points: US-Iran peace deal hopes and other factors behind the rise explained; can gains sustain?
Stock market today, May 25 -- The Indian stock market witnessed sharp across-segments buying in the morning session on Monday, 25 May, with the benchmarks, the Sensex and the Nifty 50, rising more than 1% each.
The Sensex jumped over 900 points, or more than 1%, to an intraday high of 76,335, while the Nifty 50 also rose by over 1% to the day's high of 23,989. The BSE 150 Midcap and the BSE 250 Smallcap indices also climbed by 1% each during the session.
Investors earned about Rs.5 lakh crore as the overall market capitalisation of BSE-listed firms rose to nearly Rs.468 lakh crore from Rs.463 lakh crore in the previous session.
Let's take a look at some key factors behind the rise in the stock market:
Optimism over a potential US-Iran...
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