Sensex jumps over 850 points; investors’ wealth rises by ₹7 lakh crore— Why is Indian stock market rising? Explained

The Sensex jumped over 850 points, or more than 1%, to an intraday high of 82,783, while the Nifty 50, too, rose over 1% to reclaim 25,435. The BSE Midcap and Smallcap indices jumped almost 2% each.