Why is the stock market rising today? Rate cut hopes among top 4 factors behind 900-point Sensex surge

Indian stock markets saw a significant rise on Thursday. Pharma stocks and Reliance Industries led the gains. A weaker dollar and falling U.S. Treasury yields boosted market sentiment. Sensex and Nifty reached new highs. Most sectoral indices, except PSU banks, performed well. Foreign investors turned net buyers, supporting the market rally.