Stock Market Today: BSE Sensex Rises 900 Points, Nifty50 Crosses 23,150 – Key Reasons Behind the Rally

The Indian stock market witnessed a strong rally on Thursday, with both the BSE Sensex and Nifty50 closing significantly higher. The Sensex jumped 899 points (1.19%) to settle at 76,348.06, while the Nifty50 gained 258 points (1.13%) to end at 23,165.80.

📈 Top Reasons for the D-Street Rally:

✅ 1) US Federal Reserve's Rate Cut Outlook
The US Federal Reserve maintained its forecast of two rate cuts by the end of 2025, keeping interest rates unchanged. This decision boosted market sentiment, as lower US rates tend to make emerging markets like India more attractive to foreign investors.

✅ 2) IT Sector Leads the Surge
The Nifty IT index saw a 2% jump, recovering from its previous decline. Major IT players, including HCL Technologies, TCS, Wipro, and Infosys, gained around 2%, driving the Sensex upwards by nearly 200 points.

✅ 3) Global Market Optimism
Positive cues from Wall Street and other Asian markets added to the bullish momentum. The Fed’s reassurance on inflation despite tariff risks boosted global market confidence, resulting in gains in Australian and US futures markets.

✅ 4) US Treasury Yield Drop and Weak Dollar
The 10-year US Treasury yield dropped to 4.245%, and the 2-year yield fell below 4%, weakening the US dollar. This made Indian equities more appealing to global investors, encouraging increased foreign inflows.

📊 Key Takeaway:

The combination of US Fed policy, IT sector gains, global market positivity, and falling US yields drove the Indian stock market rally. With improved foreign investor sentiment, the markets are likely to remain optimistic in the coming sessions.

Reference from:-https://timesofindia.indiatimes.com/business/india-business/stock-market-today-bse-sensex-nifty50-march-20-2025-dalal-street-indian-equities-global-markets/articleshow/119236390.cms