Nifty crosses 16,000, Sensex at new high: Key factors behind bull run on D-Street

Benchmark stock market indices S&P BSE Sensex and NSE Nifty50 have hit all-time highs on Tuesday. Here are the key factors behind the bullish sentiment on the stock market.

Benchmark stock market indices hit fresh all-time highs on Tuesday as investors remain optimistic about the present growth momentum. Both S&P BSE Sensex and NSE Nifty50 opened on a strong note today and kept rising, buoyed by gains in IT, auto, FMCG and pharma stocks. At 12:35 pm, S&P BSE Sensex hit a fresh record high of 53,442.75 after rising 442 points, while Nifty50 crossed 16,000 for the first time ever. The benchmark indices rose even higher by 1 pm.