Why is stock market up today? Top 3 reasons behind a jump in Sensex, Nifty 50 explained

The Sensex rose 1,109 points, or 1.54%, to end at 73,033.78, while the Nifty 50 jumped 359 points, or 1.60%, to close at 22,721.95. The Nifty Midcap 150 index rose by nearly 1%, while the Smallcap 250 index climbed 0.34%.