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Why is market rising today? Sensex rallies nearly 700 pts, Nifty above 23,450. 4 key factors driving the surge

As reported by Stocks-Markets-Economic Times
On Monday, Indian stock markets soared as both Sensex and Nifty recorded impressive gains, fueled by declining oil prices and an optimistic global outlook that buoyed investor morale. Major players such as UltraTech Cement and HDFC Bank showcased remarkable earnings, driving their stock prices higher. Nevertheless, broader indices like Nifty Midcap and Smallcap struggled, with FMCG, Pharma, Realty, and Consumer Durables leading sector gains, whereas Metal stocks lagged behind.
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