Sensex gains 1,500 points in 3 sessions, Nifty 50 reclaims 25k. Why is the Indian stock market rising? EXPLAINED

Stock market today: The Indian stock market has been witnessing healthy gains since last Wednesday, with the benchmarks Sensex rising by over 1,500 points and the Nifty 50 reclaiming the psychologically significant 25,000 mark in three sessions.

On Monday, October 6, extending gains to the third consecutive session, the Sensex rose over 600 points, or nearly 1 per cent, to an intraday high of 81,846, while the Nifty 50 also rose by almost a per cent to an intraday high of 25,088.

The BSE Midcap index inched by nearly half a per cent, but the Smallcap index bucked the trend and declined by 0.30 per cent during the session.

(This is a developing story. Please check back for fresh updates.)

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