Nifty50 and BSE Sensex, the Indian equity benchmark indices, surged sharply in Thursday’s trade, with both indices touching fresh lifetime highs. While the Nifty50 moved past the 26,300 mark, the BSE Sensex crossed 86,000 for the first time in its history, signalling strong market sentiment.
According to analysts, the market continues to be supported by improved Q3 demand trends, expectations of stronger capex growth, and the possibility of rate cuts by the Reserve Bank of India and the US Federal Reserve. Experts note that these conditions could help the Indian market maintain its upward trajectory and reach new milestones in the coming sessions.
