India’s stock benchmarks edge near record highs as Infosys leads gains

On October 23 2025, Indian equity benchmarks opened higher with Infosys Ltd surging 3% after shareholders opted out of its ₹180 billion buyback. The Nifty 50 climbed 0.73% to 26,057.2, while the Sensex advanced 0.86% to 85,154.15—both within 1% of record highs. Gains were broad-based across 16 sectors, led by IT and banking. Optimism stemmed from strong Q2 earnings, festive demand, and India-US trade-deal hopes lowering export tariffs. Analysts caution that valuations remain rich but see momentum sustaining if foreign inflows continue through October.