The dollar’s weakness also added support, as the greenback’s strength of late has been a notable factor inhibiting oil market gains. A weaker dollar makes greenback-denominated crude less expensive for other currency holders.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase