Why is market rallying today? Sensex soars 900 pts, Nifty tops 23,300. 7 factors driving Rs 6 lakh crore D-Street gains

The Indian stock market saw a robust performance on Monday, with Sensex and Nifty climbing over 1%. This was largely driven by Reliance Industries' strong earnings report, which propelled its shares upwards. Overall, sectors like Nifty Oil & Gas thrived, although Nifty Pharma lagged behind. Market breadth revealed more winners than losers, reflecting investor confidence, even amid some sectors' struggles in the dynamic exchange environment.