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Nifty scales fresh peak after over a year; Sensex inches close to historic high

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Mumbai: The Indian equity market opened Thursday’s session on a strong note, with the Nifty 50 surging to a fresh lifetime high after a gap of nearly 14 months. The index touched 26,285.95, adding 80.65 points or 0.31%, as renewed optimism among investors pushed benchmark gauges further into record territory.

The Sensex also mirrored the upbeat sentiment. In the opening minutes of trade, the 30-share index jumped to 85,843.82, coming within touching distance of its all-time high struck in September last year.

Both indices began the day on a positive footing, extending the upward trend seen in the previous session. The Nifty opened at 26,261.25, up 55.95 points (0.21%), while the Sensex started at 85,741.13, gaining 131.62 points (0.15%).

With the strong start, the Nifty swiftly sailed past its earlier peak of 26,277.37, set in September 2024. The Sensex, meanwhile, continues to hover just shy of its previous record of 85,978.25, signaling that another milestone may be imminent if buying momentum sustains.

Market participants attribute the renewed surge to robust global cues, improved domestic sentiment, and steady institutional inflows—factors that appear to have revived the bullish streak after weeks of consolidation.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

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