Nifty hits record high after 14 months; Sensex nears all-time peak

Stock market benchmark indices extended their previous day’s rally in early trade on Thursday (November 27, 2025), with the Nifty hitting its fresh record high amid favourable global trends on growing hopes of a U.S. Fed rate cut and foreign fund inflows.

The 30-share Bombay Stock Exchange (BSE) Sensex advanced 313.38 points to 85,922.89 in early trade. The 50-share National Stock Exchange (NSE) Nifty rallied 90.25 points to hit an all-time high of 26,295.55. The broader index had earlier scaled its record intra-day high of 26,277 on September 27, 2024.

From the Sensex firms, Bajaj Finance, Bajaj Finserv, ICICI Bank, Larsen and Toubro, Asian Paints and Mahindra and Mahindra were among the biggest gainers.

However, Eternal, Kotak Mahindra Bank, UltraTech Cement and Maruti were among the laggards.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai Stock Exchange Composite index and Hong Kong’s Hang Seng index were trading in positive territory.

U.S. markets ended higher on Wednesday (November 26, 2025).

Foreign Institutional Investors (FIIs) bought equities worth ₹4,778.03 crore on Wednesday (November 26), according to exchange data. Domestic Institutional Investors (DIIs) also purchased stocks worth ₹6,247.93 crore in the previous trade.

“Expectation of a rate cut by the Fed and a possible Russia-Ukraine peace accord have improved sentiments for equity markets globally,” V.K. Vijayakumar, chief investment strategist, Geojit Investments Limited, said.

Brent crude, the global oil benchmark, dipped 0.48% to $62.83 per barrel.

“Global equity markets have extended their gains, buoyed by growing expectations of interest-rate cuts by the U.S. Federal Reserve. Major U.S. indices — including the S and P 500, Dow Jones, and Nasdaq — posted another session of solid advances as softer treasury yields and renewed policy optimism strengthened risk appetite. This upbeat sentiment has carried into today’s global trade, with Asian markets opening higher,” Ponmudi .R, chief executive officer (CEO) of Enrich Money, an online trading and wealth tech firm, said.

On Wednesday (November 26, 2025), the Sensex jumped 1,022.50 points or 1.21% to settle at 85,609.51. The Nifty zoomed 320.50 points or 1.24% to end at 26,205.30.