Why stock market rose today? Sensex jumps 500 points, Nifty settles above 24,350. 5 key factors explained

Synopsis Indian stock markets saw significant gains on Friday. The Sensex and Nifty closed the week over 2% higher. This recovery follows a March selloff. Bulls are gaining momentum amid hopes for a quicker end to the Iran-US conflict. The market capitalization of BSE-listed companies increased substantially, adding over Rs 53 lakh crore this week. Indian stock market recorded notable gains on Friday, with Sensex and Nifty closing the week more than 2% higher as bulls continue to recover losses in April amid rising expectations of an earlier end to the Iran-US war and other factors, following the incessant selloff…