<ul><li>The Indian stock market extended gains for the second straight session, with Nifty rising 2% and Sensex climbing over 1,750 points.</li><li>The market rally was driven by positive global cues, easing trade tensions, and exemptions on tariffs for certain products.</li><li>Global markets were lifted after the US announced exemptions on tariffs for smartphones, computers, and hinted at removing levies on imported vehicles and auto parts.</li><li>The rupee strengthened against the US dollar, while oil prices edged up due to tariff relief and rebound in Chinese crude imports.</li></ul>

Nifty Rises 2%, Sensex Up Over 1,750 Points: Why Is Stock Market Rising Today?

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