Sensex jumps almost 600 points, Nifty 50 reclaims 25,850— why is the Indian stock market rising? Explained

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The Sensex rose 591 points, or 0.70 per cent, to an intraday high of 84,462, while the Nifty 50, too, rose by 0.70 per cent, to an intraday high of 25,864. The BSE Midcap and Smallcap indices rose by up to half a per cent during the session.