Sensex hits 86k, new high in over a year

Sensex and Nifty hit record highs on Thursday, driven by Wall Street's rally, US and Indian rate cut hopes, and strong domestic fund buying. Despite touching intraday peaks, profit-taking led to a modest closing gain for both indices. The rally was primarily led by large-cap stocks, with domestic funds playing a crucial role.

Sensex hits 86k, new high in over a year
Sensex and Nifty hit record highs on Thursday, driven by Wall Street's rally, US and Indian rate cut hopes, and strong domestic fund buying. Despite touching intraday peaks, profit-taking led to a modest closing gain for both indices. The rally was primarily led by large-cap stocks, with domestic funds playing a crucial role.