Sensex & Nifty Hit Fresh Record Highs on Global Rate-Cut Optimism

Indian equity markets surged to new all-time highs on Thursday as strong buying across sectors, upbeat global cues, and firm FII inflows lifted sentiment. Expectations of upcoming interest rate cuts in both the US and India added further momentum.

The Nifty touched a new record high of 26,306.95, surpassing its previous peak of 26,277.35 set on September 27, 2024. Meanwhile, the Sensex crossed the 86,000 mark for the first time, hitting 86,026.18 intraday.

At 10:15 a.m., the Sensex was up 318.71 points (0.37%) at 85,928.22, while the Nifty advanced 73.10 points (0.28%) to 26,278.40. Market breadth was positive with 1,903 stocks advancing, 1,377 declining, and 183 remaining unchanged.