Stock Market Soars: 5 Key Reasons Behind 3.5 Lakh Crore Rally Today

• FIIs and DIIs injected significant capital, with FIIs buying Rs 1,831 crore and DIIs Rs 5,723 crore.
• Rupee strengthened to 89.45 against the dollar, boosting investor confidence and signaling RBI intervention.
• Positive global cues, including softer US CPI data and hopes for Federal Reserve rate cuts, fueled worldwide market rallies.
• Strong buying in the IT sector, driven by better-than-expected Accenture Q1 results, lifted major tech stocks.
• Expectations of future RBI interest rate cuts, indicated by MPC meeting minutes, provided further market optimism.

Why It Matters: Indian stock market surged by 3.5 lakh crore today, driven by FII/DII buying, global cues, and rate cut hopes.