On the latest trading day, the BSE Sensex climbed by about 1,022 points to reach 85,609.51, while the Nifty 50 rose nearly 320 points to end at 26,205.30, pushing both indices close to their record highs. The rally emerged after a brief downtrend, as investors responded to fresh optimism surrounding a prospective interest-rate cut by the Federal Reserve (US Fed) — a move expected to improve global liquidity and boost risk appetite. At the same time, a decline in global crude-oil prices eased inflation and macroeconomic pressure in India, which strengthened investor confidence.

Foreign institutional investors resumed buying, adding fresh capital to the markets; this inflow — combined with strong domestic institutional and retail participation — supported gains across large-, mid- and small-cap stocks. Broad-based buying, especially in heavyweight and rate-sensitive sectors (like financials and metals), helped the rally maintain momentum. Market analysts note that with global markets buoyed by positive cues and domestic rates possibly softening too (given inflation and macro conditions), the current environment could sustain further upside — as long as global economic stability and corporate earnings remain on track.