Why Is Market Rising Today? After three consecutive sessions of losses, Indian equity markets rebounded on Monday, lifted by positive global cues and strong buying in information technology and pharmaceutical stocks.

At the day’s high, the Sensex surged 495.82 points (0.60%) to 83,712.10, while the Nifty50 climbed 152.25 points (0.60%) to 25,644.55.

By the close, the BSE Sensex settled 319.07 points, or 0.38%, higher at 83,535.34, and the NSE Nifty ended 82.05 points, or 0.32%, up at 25,574.35.

IT shares led the rally, with the Nifty IT index jumping nearly 2% to become the top sectoral performer of the day, snapping a six-session losing streak. As of 1:30 p.m., the index stood at 35,760.60, supported by value-buying after recent sharp corrections and renewed optimism over a possible re

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