A good rise is being seen in the stock market on Tuesday. If we look at the data, there was an increase of more than 576 points in Sensex. Due to which the Sensex was seen crossing 79 thousand points for the first time after March 6. On the other hand, Nifty saw a rise of more than 150 points. Due to which Nifty was seen crossing 24,500 points. Due to this rise, stock market investors saw a profit of Rs 3.62 lakh crore and the overall market cap in dollars crossed 5 trillion dollars after a long time.

If we look at the data, Bombay Stock Exchange's main index Sensex is trading at 79,058.20 points with a rise of 537 points at 10.35 am. Whereas during the trading session, the Sensex rose by 576.35 points and reached 79,096.65 points. A day ago, the Sensex had closed flat at 78,520.30 points. On the other hand, the main index of National Stock Exchange, Nifty, was trading at 24,532.50 points with a rise of 166 points. Whereas during the trading session it had reached the day's high with 24,535.15 points. Let us also tell you what are those 5 reasons due to which there has been a rise in the stock market.

Main reasons for the rise in stock market

1. Support received from crude oil prices: After Monday's sharp rise, crude oil prices have declined. Due to expectations of resumption of US-Iran peace talks, the price of Brent crude has come in the range of $ 94-95 per barrel. The softening of oil prices has given relief to the markets after recent concerns over supply disruptions.
2. Rise in Asian markets: Asian markets witnessed a rise due to optimism over possible diplomatic progress between the US and Iran. Gains in Japan and South Korea as well as a broader rise in stock markets in the Asia-Pacific region strengthened sentiment.
3. Volatility Decreased: The Indian VIX declined by more than 3 percent, indicating softening of near-term risk appetite after the sharp rise seen in the previous session.
4. Banking shares rise: Financial stocks were among the top gainers, with ICICI Bank, Axis Bank and Bajaj Finance contributing significantly. The Nifty Bank index rose more than 0.8 percent, while private banks outperformed.
5. Boom in all sectors: Buying was seen across all sectors, with real estate, metal, auto and infrastructure indices registering gains. The real estate index rose about 1.7 percent, while public sector banks and energy stocks also rose, indicating broad participation. The gain-decline ratio remained favourable, pointing to widespread buying across the market beyond the index's leading stocks.

pressure in IT shares

Tech stocks are showing weakness compared to the broader market. In which a decline was recorded in the shares of Infosys, TCS and Tech Mahindra, along with this weakness was also seen in the shares of select insurance companies like SBI Life and HDFC Life. At the global level, while expectations of resumption of talks have strengthened the market sentiment, there remains uncertainty regarding the developments in the US-Iran, due to which the markets remain sensitive to news.

Investors benefited by Rs 3.62 lakh crore

Due to the boom in the stock market, investors have also earned huge income. If we look at the figures, investors have made a profit of Rs 3.62 lakh crore in just 45 minutes. In fact, investors' earnings are linked to the growth of BSE market. A day earlier i.e. on Monday, when the stock market was closed, the market cap of BSE was at Rs 4,65,68,567.86 crore. During the trading session on Tuesday, the market cap of BSE came to Rs 4,69,30,541.59 crore. This means that the market cap of BSE increased by Rs 3,61,973.73 crore.