Why is stock market up today? Top 3 factors behind the rally in Sensex, Nifty today
New Delhi, Oct. 5 -- The Indian stock market benchmarks - the Sensex and the Nifty 50 - clocked healthy gains of more than 050% in early deals on Monday, 5 October, tracking largely positive global cues.
The Sensex rose more than 500 points, or 0.80%, to an intraday high of 72,451, while the NSE counterpart also climbed by 0.80% to the day's high of 22,582.
The rally was broad-based as the mid and small-cap indices on the BSE - BSE 150 Midcap Index and BSE 250 Smallcap Index - also rose by nearly 1% during the session.
The overall market capitalisation of BSE-listed firms jumped to nearly Rs.470 lakh crore from Rs.467 lakh crore in the previous session, making investors richer by about Rs.3 lakh crore in a day.
Here are three key fact...
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