Indian benchmark equity indices hit new highs on Thursday, spurred by a rise in automaker stocks amid expectations that the Karnataka government will introduce cuts and incentives for the clean mobility sector. Additionally, gains in the metals sector were bolstered by strong economic stimulus measures from China.
The Nifty 50 closed up 0.81% at 26,216 points, while the BSE Sensex rose 0.78% to 85,836.
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