Why stock market is rising today: Key factors behind today's rally; Sensex surges 815 pts, Nifty above 23,000

The RBI is boosting liquidity with OMOs to purchase government securities worth Rs 60,000 crore in three tranches (January 30, February 13, and 20, 2025). A 56-day Variable Rate Repo auction for Rs 50,000 crore is set for February 7, 2025, and a USD/INR buy/sell swap auction of $5 billion with a six-month tenor on January 31, 2025.