Sensex gains 900 points, Nifty 50 above 25,500; why did the Indian stock market skyrocketed today? EXPLAINED

The Nifty 50 climbed 285 points, or 1.10%, to reach a 9-month high of 25,529, while the Sensex jumped 808 points, or 1%, to hit 83,689, a level not seen since October 2024. Both indices are now trading just 2.5% below their September peaks.

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