Why is market rising today? Sensex soars over 700 pts, Nifty nears 24,200; 4 key factors
- Posted on July 29, 2026
- By Business News Today
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Why is market rising today? Sensex soars over 700 pts, Nifty nears 24,200; 4 key factors
Benchmark indices surged nearly 1% in early trade, with Sensex rising over 700 points and Nifty crossing 24,150 despite a spike in oil prices. Gains were supported by IT stocks, rupee strength and resilience to global AI selloff, while broader markets advanced and volatility eased.
