The BSE Sensex breached the historic 84,000-mark for the first time on Friday morning, fueled by a global market rally after the US Federal Reserve cut its benchmark interest rate, the first such move in over four years. The 30-share Sensex surged 975.1 points, reaching an all-time high of 84,159.90 in early trade, while the NSE Nifty jumped 271.1 points, touching a record peak of 25,686.90.

Key gainers among the 30 Sensex firms included Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel, and Adani Ports. Tata Consultancy Services was the only stock to decline.

Asian markets also reflected positive sentiment, with Seoul, Tokyo, and Hong Kong trading higher, though Shanghai dipped into negative territory. This optimism followed a strong performance in US markets on Thursday, where both the Dow Jones and S&P 500 reached new record highs.

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, attributed the surge to the global bull market led by the US. "The Dow and S&P 500 setting yet another record high yesterday highlights the strength of this ongoing rally," he noted.

On Thursday, the Sensex had already marked a lifetime high, closing 236.57 points up at 83,184.80. During the session, it spiked 825.38 points to an intra-day high of 83,773.61. The Nifty also gained 38.25 points to end at 25,415.80, hitting an intra-day peak of 25,611.95.

However, Foreign Institutional Investors (FIIs) sold equities worth ?2,547.53 crore, according to exchange data. Meanwhile, global oil benchmark Brent crude edged down 0.29% to $74.66 per barrel.

The BSE Sensex breached the historic 84,000-mark for the first time on Friday morning, fueled by a global market rally after the US Federal Reserve cut its benchmark interest rate, the first such move in over four years. The 30-share Sensex surged 975.1 points, reaching an all-time high of 84,159.90 in early trade, while the NSE Nifty jumped 271.1 points, touching a record peak of 25,686.90.

Key gainers among the 30 Sensex firms included Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel, and Adani Ports. Tata Consultancy Services was the only stock to decline.

Asian markets also reflected positive sentiment, with Seoul, Tokyo, and Hong Kong trading higher, though Shanghai dipped into negative territory. This optimism followed a strong performance in US markets on Thursday, where both the Dow Jones and S&P 500 reached new record highs.

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, attributed the surge to the global bull market led by the US. "The Dow and S&P 500 setting yet another record high yesterday highlights the strength of this ongoing rally," he noted.

On Thursday, the Sensex had already marked a lifetime high, closing 236.57 points up at 83,184.80. During the session, it spiked 825.38 points to an intra-day high of 83,773.61. The Nifty also gained 38.25 points to end at 25,415.80, hitting an intra-day peak of 25,611.95.

However, Foreign Institutional Investors (FIIs) sold equities worth ?2,547.53 crore, according to exchange data. Meanwhile, global oil benchmark Brent crude edged down 0.29% to $74.66 per barrel.