Stock Market Today: Sensex Surges 800 Points, Nifty Crosses 24,200 Despite Rising Oil Prices; Top Reasons Behind The Rally
India, July 29 -- Indian benchmark indices Sensex and Nifty climbed nearly 1% on Wednesday, even as global oil prices surged following fresh tensions in the Middle East. Strong gains in IT stocks, foreign investor buying, a stronger rupee and expectations that the US Federal Reserve will keep interest rates unchanged helped lift market sentiment.
How Did The Stock Market Perform Today?
Indian equity markets opened strongly on Wednesday, with the Sensex rising more than 800 points to trade above 77,500, while the Nifty gained over 200 points to cross 24,200. The rally added nearly Rs 3 lakh crore to the total market value of companies listed on the BSE, taking the overall market capitalisation to around Rs 482 lakh crore.Which Stocks Led...
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