Why stock market rose: 5 key factors behind today’s rally; Sensex soars 740 pts, Nifty above 23,500

Benchmark blue-chip indices closed higher for the fourth consecutive session on Friday, with the BSE Sensex climbing 740 points and the Nifty50 finishing above 23,500, driven by expectations of positive measures in the upcoming Union Budget.

The BSE Sensex gained 740.76 points, or 0.97%, to…