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Why did market rise today? Sensex rallied 791 pts, Nifty closed above 24,000; 6 key factors drove D-St rebound

As reported by Stocks-Markets-Economic Times
Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This positive momentum was fueled by the RBI Governor's indication that further rate hikes are premature, coupled with a rebound in global equities. Key sectors like IT and private banking saw substantial gains, while a dip in oil prices and hopes for an India-US trade deal also bolstered investor confidence.
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Indian markets surged today, with Sensex gaining 791 points and Nifty closing above 24,000. This rally was driven by the RBI Governor's comments on stable interest rates, a global equities rebound, and strong performances in IT and private banking sectors. Falling oil prices and…

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