Why did stock market rally today? Nifty50 ends shy of 24,000 mark; BSE Sensex rallies over 2,900 points on US-Iran ceasefire – top reasons for rise

Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets rallied strongly on Wednesday. While Nifty50 went above 24,000 intraday, BSE Sensex rose over 3,000 points.