Stock Markets Soar as Sensex and Nifty Hit Record Highs

Indian stock markets witnessed a remarkable rally, with the Sensex gaining 780 points and the Nifty surpassing the 24,250 mark. Leading contributors to the surge included Reliance Industries, Bharat Electronics, Sun Pharma, and JSW Steel, buoyed by robust earnings reports and positive economic data.

Investor sentiment has been uplifted by optimistic GDP growth forecasts, low inflation figures, and strong foreign institutional investment (FII) inflows. Sectors like pharmaceuticals, technology, and infrastructure showed particular strength during the trading session.

Market analysts advise caution, pointing out that global uncertainties, such as US Federal Reserve decisions and ongoing geopolitical tensions, could lead to volatility. Nonetheless, the broader outlook for Indian equities remains bullish for the near future.