Stock Markets Rally: Nifty at Record, Sensex Surpasses 86,000

Indian stock markets surged on Thursday, with the Nifty50 and BSE Sensex hitting all-time highs. Investor optimism was driven by expectations of interest rate cuts in the US and India, a strengthening rupee, and hopes for better corporate earnings in the second half of the fiscal year. The 30-share Sensex climbed to 86,026.18, opening at 85,745.05, up 0.2% from the previous close of 85,609.51. Meanwhile, the Nifty50 reached a record 26,306.95, opening at 26,261.25, a 0.21% rise from its previous close of 26,205.30. Positive market sentiment fueled widespread gains across sectors.