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VERIFIEDET Markets·positive
Why is market rising today? Sensex rallies 650 points, Nifty tops 24,250. 5 key factors behind market rebound
AI Summary
- ·Indian stock markets, including Sensex and Nifty, surged on Thursday, ending a series of losses.
- ·The rally was influenced by declining US bond yields and significant short-covering activities.
- ·Major IT companies like Infosys and TCS were key contributors to the market's rebound.