Sensex jumps over 600 points, Nifty 50 regains 25,760; why is the indian stock market rising? 5 key factors explained
Stock market today: Extending gains for the third consecutive session, Indian stock market benchmarks – the Sensex and the Nifty 50 – posted healthy gains in intraday trade on Friday, October 17, despite weak global cues. The Sensex jumped over 600 points, or 0.75 percent, to an intraday high of 84,108, while the Nifty 50 reclaimed the 25,760 level, rising 0.70 percent. In these three sessions, the Sensex rose over 2000 points, or 2.5 percent, while the Nifty 50 also jumped 2.4 percent. (This is a developing story. Please check back for new updates.) Read all market related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The opinions and recommendations expressed are those of individual analysts or brokerage firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.