Mumbai: Benchmark equity indices extended their strong upward momentum on Thursday (Nov 27, 2025), with the Nifty 50 scaling a fresh record high and the Sensex inching close to its all-time peak. The rally was driven by buoyant global cues, renewed hopes of a U.S. Fed rate cut, and robust foreign fund inflows.
In early trade, the 30-share BSE Sensex surged 313.38 pts to 85,922.89, while the 50-share NSE Nifty advanced 90.25 pts to register a new historic level of 26,295.55, surpassing its previous intraday record of 26,277 hit on Sept 27, 2024. The broader market sentiment remained upbeat, supported by sustained institutional buying.
Among Sensex constituents, Bajaj Finance, Bajaj Finserv, ICICI Bank, L&T, Asian Paints, and M&M emerged as the top gainers, lifting the benchmark indices. However, Eternal, Kotak Mahindra Bank, UltraTech Cement, and Maruti declined, capping some of the early upside.
Asian equities also mirrored the positive mood, with Kospi, Nikkei 225, Shanghai Composite, and Hang Seng trading in the green. The optimism followed a strong session on U.S. markets on Wednesday, where major indices logged healthy gains amid easing Treasury yields and rising expectations of monetary easing.
According to exchange data, FIIs purchased equities worth ₹4,778.03 cr on Wednesday (Nov 26), while DIIs also remained net buyers with inflows of ₹6,247.93 cr, further reinforcing the market’s upward trajectory.
Market experts attribute the rally to improving global risk appetite. “Expectations of a Fed rate cut and the possibility of a Russia-Ukraine peace accord have significantly boosted global equity sentiment,” said V.K. Vijayakumar, Chief Investment Strategist at Geojit.
Brent crude, the global oil benchmark, declined 0.48% to $62.83/barrel, providing additional comfort to investors.
Echoing similar views, Ponmudi R., CEO of Enrich Money, noted that the extended rally in global markets, particularly the S&P 500, Dow Jones, and Nasdaq, was fueling optimism across Asian trading floors as well.
On Wednesday, the Sensex had already gained 1,022.50 pts (1.21%) to close at 85,609.51, while the Nifty jumped 320.50 pts (1.24%) to end at 26,205.30, setting the stage for Thursday’s fresh highs.
