In a remarkable performance, India’s benchmark indexes opened at fresh record highs, with the Sensex surging over 200 points. The Nifty, too, demonstrated strength by crossing the significant milestone of 20,700 points.
The bullish trend comes on the heels of robust domestic macroeconomic data and heightened expectations of a US rate cut in March.
As of 9:16 a.m. IST, the NSE Nifty 50 index rose 1.65% to 20,602.50 points, achieving a record high for the second consecutive session. Simultaneously, the S&P BSE Sensex reached an all-time high of 68,587.82, registering a 1.64% increase. Investors are keenly watching the market as it responds to various economic factors and political developments