New Delhi. The Indian stock market has been on a continuous rise for the last 3 sessions. After seeing the results of the Maharashtra assembly elections, the confidence of investors has reached the seventh sky. As soon as the market opened on Monday, investors started buying and within a few minutes the Sensex jumped by more than 1200 points. Nifty also opened above 24 thousand today and is trading at a gain of more than 300 points. 7 big factors are being told behind this sudden rise in the market and experts say that there is every possibility of the boom continuing in 2024.

After the landslide victory of the BJP-led NDA in the Maharashtra assembly elections, investors' confidence returned. In the morning, the Sensex opened with a gain of 1,216 points, while the Nifty started trading with a gain of 379 points. All sectors are seeing growth today. Auto, bank, media, telecom, oil and gas, power, and realty sectors saw a growth of 1 to 2 percent, while companies like Adani Enterprises, Bharat Electronics, Shriram Finance, Mahindra & Mahindra, a and BPCL were the top gainers today. BSE Midcap and Smallcap are also seeing a jump of 1.5 percent today.

What is the reason for this rise?
The biggest reason for the rise in the Indian stock market is that business activities in America are at a 31-month high. After Donald Trump's return in the presidential election, American business activities were the fastest in 31 months and its effect was also seen on the American stock market including the Dow Jones. Apart from this, the effect of the Russia-Ukraine war, rise in crude prices, fall in gold prices, results of Maharashtra assembly elections, rise in GIFT C I,, t,y, and rise in Asian markets was also seen today.

What do experts say next?
Motilal Oswal Financials says that increased government spending will boost rural demand and economic growth will also look good with the support of monsooThishis will have a positive impact on the stock market. MK Global Research says that the return of people's favorite governments in Maharashtra and Jharkhand will also send a positive message to the market.

Investors earned 9 lakh crores.
MK Global says that since September, the stock market has seen a decline of 10 percent, but now it is fully recovered and in the coming time Nifty can go up to 25 to 26 thousand. With the rise on Monday, the capital of investors has also increased by about 9 lakh crore rupees. During this period, foreign investors have also invested about 20 thousand crores in the market.