Sensex surges 1,800 points: Why is the stock market rising today?
Benchmark equities staged a sharp rebound on Wednesday, with the BSE Sensex soaring 1,823.74 points, or 2.53 per cent, to close at 73,771.29. The Nifty 50 rose 548.60 points, or 2.46 per cent, to settle at 22,880, reclaiming the key 22,800 level. The rally was broad-based, with strong buying across banking, financial, IT, auto and…