Indian stock markets hit fresh lifetime highs as the Sensex rose nearly 300 points and the Nifty moved above the 26,300 mark. The rally was driven by stronger-than-expected GDP growth, improving investor sentiment, and hopes of an interest-rate cut in upcoming policy reviews.
Buying was seen across major sectors, with banking, auto and metal stocks supporting the uptrend. Among the top gainers were Adani Enterprises, M&M, Adani Ports, Sun Pharma and Hindustan Unilever, all contributing to the record run.
However, not all heavyweights joined the rally. SBI Life, Shriram Finance, HDFC Life, Power Grid and Bharti Airtel were among the notable losers, slipping due to profit-booking and sector-specific pressure.
Overall market sentiment remained upbeat as traders bet on continued economic momentum and favourable global cues, though analysts advised caution at elevated levels.
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