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Why Stock Market Up Today: Greenery swept through Dalal Street as the Sensex shattered the 74,000 barrier and the Nifty scaled new heights above 22,500, marking a jubilant beginning to the week. With bullish sentiment driving gains, the stock market’s resurgence reflects growing investor faith in the economy’s upward trajectoryThe stock market is seeing a good rise. Buying is being seen in the stock market in the early trade itself.
Which stocks are booming
On Saturday, the Reserve Bank of India (RBI) reassured Indusind Bank depositors that the bank is financially stable and well capitalized. Due to this, the bank's stock is seeing a rise of 5 percent today.
Support from Asian markets
China has announced additional measures to boost consumption, after which Asian stock markets rose. This has also supported the Indian stock market. At present, investors' eyes are fixed on the US Fed's monetary policy review to be held on March 19.
At the same time, investors are also keeping an eye on FII activity as the selling pressure from foreign investors has increased again.