Nifty soared to a fresh all-time high this morning, extending a strong upward trajectory fuelled by growing optimism over potential interest rate cuts in both the US and India. The benchmark Nifty 50 index, which represents the 50 largest companies listed on the National Stock Exchange, climbed past 26,277 points — surpassing the record set in September 2024.

The new milestone comes after nearly 289 trading sessions and over a year of intermittent volatility, marked by global economic hesitation, the lack of progress on a US-India trade agreement, and persistent geopolitical tensions. Heavyweights such as Bharti Airtel, ICICI Bank, and Reliance Industries were among the biggest contributors to today’s breakout, reinforcing investor confidence in large-cap stability.

The Sensex also traded firmly in the green, rising over 250 points from the previous close and inching closer to its lifetime peak of 85,978.25 points, achieved in September last year.

Despite today’s enthusiasm, Indian equity markets have lagged behind several Asian counterparts in recent months. Elevated valuations, softer-than-expected corporate earnings, and recurring bouts of foreign fund outflows, compounded by global trade and geopolitical uncertainties, have weighed on overall performance. However, the latest surge suggests improving sentiment heading into the next quarter.

Nifty soared to a fresh all-time high this morning, extending a strong upward trajectory fuelled by growing optimism over potential interest rate cuts in both the US and India. The benchmark Nifty 50 index, which represents the 50 largest companies listed on the National Stock Exchange, climbed past 26,277 points — surpassing the record set in September 2024.

The new milestone comes after nearly 289 trading sessions and over a year of intermittent volatility, marked by global economic hesitation, the lack of progress on a US-India trade agreement, and persistent geopolitical tensions. Heavyweights such as Bharti Airtel, ICICI Bank, and Reliance Industries were among the biggest contributors to today’s breakout, reinforcing investor confidence in large-cap stability.

The Sensex also traded firmly in the green, rising over 250 points from the previous close and inching closer to its lifetime peak of 85,978.25 points, achieved in September last year.

Despite today’s enthusiasm, Indian equity markets have lagged behind several Asian counterparts in recent months. Elevated valuations, softer-than-expected corporate earnings, and recurring bouts of foreign fund outflows, compounded by global trade and geopolitical uncertainties, have weighed on overall performance. However, the latest surge suggests improving sentiment heading into the next quarter.