Sensex Jumps 650 Points, Nifty Crosses 25,300: 3 Reasons Behind Market Rally

• Indian stock markets saw a strong rally on Wednesday, January 28, with Sensex surging over 650 points and Nifty crossing 25,300.
• A key driver was the Free Trade Agreement (FTA) between India and the European Union, dubbed the "Mother of All Deals," reducing taxes on nearly 99% of Indian exports to Europe.
• Positive signals from global markets, including gains in Asian and US stock markets, also boosted investor confidence.
• The India Volatility Index (India VIX) fell by over 2% to 14.13, indicating reduced market volatility and increased investor confidence.
• Experts suggest Nifty could target 25,800, with resistance at 25,580, but caution if it fails to cross 25,400.

Why It Matters: Indian stock markets rallied significantly due to the India-EU trade deal, positive global cues, and falling VIX.