Why is market rising today? Sensex soars over 800 pts, Nifty tops 24,200; 4 key factors powering D-Street

Indian stock indices Sensex and Nifty rose nearly one percent today. This surge occurred despite a sharp increase in oil prices due to escalating tensions. Several factors including global AI selloff resilience and rupee gains supported the market. Foreign institutional investors remained net buyers of Indian equities on Tuesday. The US Federal Reserve is expected to keep interest rates unchanged today.

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