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Why is market rising today? Sensex jumps over 700 pts, Nifty rises above 23,600. 7 key factors behind D-St extending gains

Why is market rising today? Sensex jumps over 700 pts, Nifty rises above 23,600. 7 key factors behind D-St extending gains
Image: The Economic Times (India)

On Tuesday, the Indian stock market edged higher, with the Sensex surging nearly 730 points and the Nifty 50 climbing over 190 points. This resurgence greatly enhanced investor sentiment, as market capitalisation soared by Rs 4 lakh crore. Anticipation of potential LTCG tax reforms and declining oil prices fueled this upswing, reflecting robust confidence among investors.

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