Sensex jumps over 700 points, Nifty 50 reclaims 25,900— why is the Indian stock market rising? Explained

The Sensex rose 700 points, or nearly 1 per cent, to an intraday high of 84,567.51, while the Nifty 50, too, rose by nearly 1 per cent, to an intraday high of 25,901.40. The BSE Midcap and Smallcap indices rose by up to half a per cent during the session.

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