Why is market rising today? Sensex rallies 650 points, Nifty tops 24,250. 5 key factors behind market rebound
Summary
Indian equities rebounded sharply on Thursday, with the Sensex gaining 500 points and the Nifty crossing 24,200. Falling US bond yields, short covering and gains in large technology stocks such as Infosys and TCS supported the move, while midcaps and smallcaps also advanced.
The decisive shift was a pause in the recent selling, helped by easier global bond-market
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The rally offers relief after recent losses, but it may not yet signal a lasting trend reversal.