These are the 5 reasons due to which the stock market saw a stormy rise, there was a profit of Rs 3.5 lakh crore.

News Topical, Digital Desk : According to Vinod Nair, Head of Research at Geojit Investments Limited, the Indian stock market is expected to remain bullish until the end of the year. Strong liquidity and global cues are a major driver of this rally. Significantly, expectations of further rate cuts by the US Federal Reserve in 2026 are buoyant, supporting growth. He added that foreign investors, or FIIs, have once again started buying. With FIIs becoming net buyers, the market sentiment has become more positive. Sectorally, IT and metal stocks saw the most buying, helping to push the index higher.

Looking ahead, investors are now eyeing India's Q3 GDP data. The market expects strong growth, which will provide a clearer picture of policy. However, Vinod Nair also said there's no need to be completely complacent. Limited progress on trade deals, geopolitical uncertainty, and fluctuations in crude oil prices remain a cause for concern.

The Sensex closed at 85,567, up 638 points, while the Nifty rose 206 points to 26,172. Notably, the Nifty remained above 26,150 throughout the day, with 40 stocks closing in the green. Banking stocks also saw strength. Nifty Bank rose 235 points to close at 59,304. Midcap stocks also supported the frontline index, gaining 505 points to reach 60,815. Defense stocks saw strong momentum. Shares of ideaForge jumped 17%, while DCX Systems gained over 9%. The IT sector saw gains for the fourth consecutive day. Persistent Systems, Wipro, and Infosys all rose over 3%. Commodity-related stocks were also in the news. Hindustan Zinc shares jumped 3% as silver prices reached a record high. MCX shares rose 5% to close at an all-time high, reflecting the impact of the SEBI chief's statement on commodity derivatives. In terms of stock-specific moves, GE Vernova T&D India gained 6% after receiving an order for a large HVDC project. Shriram Finance gained nearly 4% following a positive report from a brokerage. Jupiter Wagons jumped nearly 5% on news of an increase in promoter stake. 

Let's understand, in simple terms, where the market received such strong support... The first reason: Strong buying by FIIs and DIIs. The biggest support for the rally in the market was buying by foreign and domestic investors. For the third consecutive day, FIIs (Foreign Institutional Investors) showed confidence in the Indian stock market, purchasing shares worth approximately ₹1,831 crore. Meanwhile, DIIs (Domestic Institutional Investors) also enthusiastically made net purchases of ₹5,723 crore. When both FIIs and DIIs buy together, market strength is almost certain. 

Second reason: Rupee's strength boosted confidence. The rupee also saw significant strength against the dollar. The rupee strengthened by approximately 22 paise to reach 89.45. The market was under the impression that the currency received support from the Reserve Bank of India (RBI)'s intervention. A strong rupee is a positive sign for foreign investors, as it reduces the risk of capital outflows. 

Third reason: Boost from global sentiment. Market conditions also favored the market on the global front. CPI data in the US was softer than expected, strengthening hopes for a rate cut by the Federal Reserve. This impact was visible on Wall Street, where tech stocks saw a strong rally. Asian markets also traded in the green, providing support to the Indian market. 

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