India’s Nifty 50 and Sensex hit record highs ahead of rate decisions

India’s top stock indices hit all-time highs as markets bet on imminent global and domestic rate cuts supporting growth and flows.

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5 days ago

India’s Nifty 50 and Sensex hit record highs ahead of rate decisions

India’s Nifty 50 and Sensex hit record highs ahead of rate decisions
Indian benchmarks advanced to fresh record highs as the Nifty 50 rose to 26,302.7 points and the BSE Sensex climbed to 85,974.6, driven by optimism over possible rate cuts in the U.S. and India. Gains were broad-based: financials, banks, and mid-caps posted strong performance. Traders expect the Reserve Bank of India to ease policy next week, and rate-sensitive sectors saw renewed investor interest.