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Nifty hits fresh record as IT and auto stocks surge on earnings optimism
Nifty 50 hit a record 26,105 as IT and auto shares rallied on strong earnings expectations and steady foreign inflows.
India’s Nifty 50 index reached a new all-time high of 26,105, led by robust gains in IT and auto sectors. Infosys, Tata Motors, and Maruti Suzuki advanced sharply after upbeat earnings forecasts. Market breadth remained positive with mid-caps outperforming. Analysts attributed the rally to sustained foreign inflows, easing U.S. yields and expectations of policy continuity ahead of the Union Budget. The Sensex climbed 587 points to 79,205. Investors await upcoming inflation data and RBI commentary for confirmation of the ongoing uptrend.