Why Is Stock Market Rising Today? Indian equity benchmarks bounced back on Wednesday after eight consecutive sessions of losses, supported by strong buying in banking and financial stocks following the Reserve Bank of India’s (RBI) decision to keep policy rates unchanged.

The Sensex jumped nearly 700 points, or 1 per cent, to hit an intraday high of 80,930, while the Nifty 50 also rose almost 1 per cent to hit an intraday high of 24,798. The BSE Midcap and Smallcap indices also rose by over half a per cent each during the session.

Top gainers included Shriram Finance, Tata Motors, Trent, Kotak Mahindra Bank, and Sun Pharmaceutical Industries, rising up to 4 percent in intra-day trade.

The RBI, in its fourth bi-monthly monetary policy for FY26, kept the repo rate steady at 5.5 percent f

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