Sensex Today, Nifty: These are the 5 reasons due to which the domestic stock market is booming, Sensex jumped 700 points and Nifty 170 points.:Sensex Today, Nifty: Why did the market suddenly surge? Let's explore the five major reasons that changed the market mood in today's explainer.

News Topical, Digital Desk : The domestic stock market saw a strong rally on Friday. The Sensex rose 700 points to close near 84,024, and the Nifty also rose 170 points to trade above 25,840. Strong buying was seen in IT and banking stocks, while the mid-cap and small-cap indices were also in the green. So, why did the market suddenly surge? Let's understand the five major reasons that changed the market sentiment in today's explainer.

The domestic stock market saw a significant rally on Friday. All indices, including Nifty, Midcap, and Smallcap, were in the green, with IT stocks showing the greatest brilliance. Let's examine the five major reasons why the market sentiment suddenly turned positive.

(1) Strong buying in IT stocks:
Infosys was the biggest hero of today's rally. The company's stock rose by more than 5%. The reason: better Q3 results and increased revenue guidance. Infosys raised its FY26 revenue outlook from 2–3% to 3–3.5%. This indicated that discretionary spending is stabilizing. Demand is returning in the BFSI sector. Infosys' rally boosted the entire IT pack. The Nifty IT index rose nearly 3% to reach above 38,800—with all 10 stocks in the green.

(2) Positive signals from global markets
have also improved the mood in foreign markets. South Korea's Kospi index was also up today. The strength in Asian markets gave additional confidence to Indian investors.

(3) Fall in crude oil prices Brent crude fell by 0.24% to $63.61 per barrel. Low oil prices have a direct benefit on the Indian market - inflationary pressure reduces. Import bill decreases. Relief is provided on the fiscal side. This is the reason why investor sentiment has remained strong.

(4) Expectations regarding India-US trade deal Another big reason for enthusiasm among investors is the new progress regarding India-US trade deal. Commerce Secretary Rajesh Agarwal said that the first part of the trade deal is almost ready. Teams of both the countries are in constant talks. Whenever there are signs of improvement in India-US economic relations, market enthusiasm increases.

(5) Decline in VIX - means less fear, more confidence. The India VIX, also known as the "Fear Index," fell 1.24% to 11.18. A lower VIX means less fear in the market, reducing the likelihood of a decline. Investors are more comfortable taking risks. Low volatility is always a good sign for the market.

Technical Analysis: What's Next? According to Anand James, Chief Market Strategist at Geojit Investments, the 25,600 level has become a strong support. Holding above this level ensures a reversal in the Nifty. If the Nifty remains above 25,715, the next target appears to be 26,020. But caution: if the Nifty slips below 25,600, the possibility of a decline to 25,060 could increase.