Sensex Today, Share Market Updates: These are the 7 reasons for today's stormy rise in the stock market, there was a profit of Rs 4 lakh crore.

News Topical, Digital Desk : Share Market Today Live Updates : Welcome to CNBC Awaaz. The market performed brilliantly today, with green shoots all around. Frontline indices saw strong gains of over 1%. The Sensex jumped 1,023 points to close at 85,610, and the Nifty climbed 321 points to close at 26,205. The market sentiment was so positive that 45 out of 50 Nifty stocks were in the green, and five hit new 52-week highs. A

notable highlight of the market today was that no sector remained in the red. All sector indices closed strongly, with the metal index leading the way, with a strong gain. Steel company stocks saw a strong rally amid reports that the government might consider a safeguard duty. JSW Steel shares jumped 4% on this expectation.

Strong buying by both FIIs and DIIs - Data for November 25th shows that FIIs bought around ₹785 crore, while DIIs bought around ₹3,912 crore. This strong hold of domestic investors shows that the fundamentals of the market remain strong. VK Vijayakumar of Geojit said that despite the frequent volatility in the market at this time, investors should remain calm and gradually accumulate good companies.

The first reason - expectations of an interest rate cut in the US in December have increased. When the US reduces rates, foreign money flows more rapidly into emerging countries like India, hence our market has risen.

2. Which sectors drove the market up?
IT shares,
metals,
all 16 sectors in the green
, Smallcap-Midcap - 1% rise,
IT rose because they earn from the US and a rate cut means better demand there.

3. Buying by both FII and DII boosted market confidence
FIIs made purchases worth ₹785 crores
DIIs made heavy purchases worth ₹3,912 crores
When domestic funds (DII) buy so rapidly, it indicates that the undertone of the market is strong.

4. Big giant stocks controlled the market
Three stocks with the biggest weightage in Nifty-
HDFC Bank
ICICI Bank
Reliance Industries
All three are up by about 1%. These stocks are pulling the market up.

5. Crude oil fell- this is big good news for India
Brent has come below $63.
Lower oil prices =
India's import bill will reduce
Inflationary pressure
is expected to reduce the cost of companies
All these things are positive for the market.

6. Hope of end of Ukraine-Russia war also improved the sentiment- If the war stops, global supply will improve and oil-commodity will soften further.

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