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The Economic Times

Business

Debaroti Adhikary

Why is market rising today? Sensex soars 800 pts, Nifty above 24,250. 3 key factors powering D-St bulls

NSE Oil Stock Market

The Indian stock market extended its rally on Thursday, with the Sensex and Nifty surging over 1% each as falling crude oil prices and supportive global cues bolstered bullish sentiment on Dalal Street.

Sensex gained nearly 800 points to 77,786, while Nifty 50 jumped over 200 points to 24,259, as of 12:15 pm. The sharp gains added nearly Rs 2 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 478 lakh crore.

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