Tremendous rise in Sensex-Nifty, market jumped 700 points; Vedanta Aluminum shares gain momentum Massive rally in Sensex and Nifty; market surges 700 points; Vedanta Aluminum shares gain momentum. – ..

Tremendous enthusiasm is being seen in the Indian stock market today. Major indices have made strong jumps during the week’s trading session, which has brought cheer to the faces of investors. The Bombay Stock Exchange’s Sensex is trading with a surge of more than 700 points, while the National Stock Exchange’s Nifty has also crossed the psychological level of 24,150. Global signals and strong performance of the domestic market are being considered as the major reasons behind this buying in the market.

Vedanta Aluminum showed wonders

The leading stocks of the metal sector have contributed significantly to this market boom. Vedanta Aluminum shares have won the hearts of investors in today’s session. The company’s shares are trading with a rise of more than 3%. Experts say that due to increasing global demand for aluminum and better operating performance of the company, investor confidence in this stock has increased again. This movement in the metal and commodity sectors has played an important role in taking Nifty to new heights today.

Why is the market rising?

According to market experts, Nifty crossing 24,150 is a very strong sign technically. In today’s trade, all-round buying in banking, IT and metal sectors has supported the index. Activism by foreign institutional investors (FIIs) and positive domestic economic data have energized the market. If Nifty is successful in maintaining itself at this level, then more new record highs may be seen in the coming days. However, experts advise that before making any investment in the market, keep in mind the stop loss.