The Indian stock market witnessed a bullish trend on Wednesday as the BSE Sensex surged by 520 points, crossing the 80,000 mark for the first time since December 18. This marks the seventh consecutive day of gains for the stock market. The positive momentum can be attributed to various factors such as strong global cues, robust buying interest from institutional investors, and optimism surrounding the economic recovery. The Sensex’s upward movement was also supported by gains in banking, IT, and FMCG stocks. Investors are closely monitoring key economic indicators and corporate earnings reports to gauge the market sentiment. The Nifty 50 index also witnessed a significant upswing, closing above the 24,000 levels. Market analysts are optimistic about the stock market’s performance in the upcoming sessions, citing improving macroeconomic conditions and increasing vaccination rates as key drivers. However, investors are advised to exercise caution and diversify their portfolios to mitigate risks amidst the ongoing volatility in the market. The positive momentum in the stock market is expected to continue in the near term, with investors keeping a close eye on domestic and global developments for further cues.