Sensex jumps over 500 points, Nifty above 24,200: Top reasons driving stock market rally

Dalal Street experienced a strong rebound on Wednesday, reversing previous session losses. Improving tech sentiments and a firmer rupee boosted investor confidence significantly. Geopolitical developments and global cues also supported the market's upward movement. Foreign investors turned net buyers in July, contributing to the rally. Asian markets and technology stocks saw a notable rebound after US inflation data.