On Thursday, Indian benchmark equity indices achieved a new record peak, primarily driven by US rate-sensitive IT stocks following softer-than-anticipated US inflation data. This bolstered hopes that the Federal Reserve might opt for an earlier interest rate reduction.
The NSE Nifty 50 concluded 0.33% higher at 23,399, marking its third all-time closing high in four sessions. Meanwhile, the S&P BSE Sensex increased by 0.27%, reaching a new all-time peak of 76,811.
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