Sensex gains 500 points: Why is stock market rising today?
Dalal Street witnessed a rally on Monday, as markets started the week on a positive note as Sensex and Nifty...
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Sensex rises over 500 points. 3 reasons why stock market is rising
Benchmark stock market indices extended gains after a strong opening on Monday. The BSE Sensex was trading 516.47 points higher at 81,018.46, while the NSE Nifty50 was up 170.15 points to 24,516.85 at 10:37 am.Most of the broader market indices also gained during the session, indicating the positive momentum on Dalal Street.Here are the three major reasons why the stock market is rising today:Foreign investor reversal sparks momentum After being aggressive sellers earlier this year, foreign portfolio investors (FPIs) have flipped to strong buyers over the past few weeks. In...