Sensex and Nifty Hit Record Highs Amid Market Rally

Equity benchmarks Sensex and Nifty hit all-time highs driven by rallies in key stocks such as Reliance Industries and Tata Motors. Despite market volatility, robust buying in energy and FMCG stocks sustained the upward momentum. European markets traded positively while Asian markets showed mixed results.

Equity benchmarks Sensex and Nifty reached new all-time high levels on Thursday, propelled by a late rally in major index players like Reliance Industries and Tata Motors. Traders cited strong buying interest in energy and FMCG stocks as key contributors to the domestic equities' surge.

The 30-share BSE Sensex surged 349.05 points, or 0.43%, to close at a historic peak of 82,134.61, marking its eighth consecutive day of gains. At its highest intraday point, the Sensex climbed 500.27 points, or 0.61%, reaching 82,285.83.

Likewise, the NSE Nifty jumped 99.60 points, or 0.40%, to a new closing high of 25,151.95, extending its rally to the eleventh session. The Nifty's highest intraday level was 25,192.90, up 140.55 points or 0.56%.

(With inputs from agencies.)