Why is the stock market rallying today? Sensex surges over 600 pts, Nifty above 26,150; top factors behind 2025’s final rally

Indian stocks surged on the final trading day of the year, with the Sensex and Nifty rebounding significantly. This rally was primarily driven by a government decision to impose a three-year safeguard duty on select steel imports, boosting metal stocks. Additionally, easing crude oil prices contributed to the positive sentiment by reducing inflationary pressures.