Shares surged to record highs at the market's open on Wednesday, driven by a significant rise in HDFC Bank, the country's top private lender. HDFC Bank reached an all-time high amid optimism about an anticipated increase in its weightage in a major global index.

As of 9:15 a.m. IST, the NSE Nifty 50 climbed 0.7% to 24,291.75 points, while the S&P BSE Sensex advanced 0.72% to 80,013.77 points. This marks the first time the 30-stock Sensex has surpassed the 80,000 mark, highlighting a significant milestone in the Indian stock market. The overall market sentiment was buoyed by strong performance from key stocks, particularly in the banking sector, suggesting investor confidence in the economic outlook.

Shares surged to record highs at the market's open on Wednesday, driven by a significant rise in HDFC Bank, the country's top private lender. HDFC Bank reached an all-time high amid optimism about an anticipated increase in its weightage in a major global index.

As of 9:15 a.m. IST, the NSE Nifty 50 climbed 0.7% to 24,291.75 points, while the S&P BSE Sensex advanced 0.72% to 80,013.77 points. This marks the first time the 30-stock Sensex has surpassed the 80,000 mark, highlighting a significant milestone in the Indian stock market. The overall market sentiment was buoyed by strong performance from key stocks, particularly in the banking sector, suggesting investor confidence in the economic outlook.