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Markets rally as Nifty, Sensex hit record highs on growth optimism
Nifty and Sensex surged to record highs as strong Q2 growth, lower crude, and rate-cut hopes spurred buying across sectors.
Indian equity benchmarks surged today Nifty climbed to 26,284.40 and Sensex crossed 86,000 the economy grew at 8.2% in Q2, backed by strong consumer demand and stable inflation. Easing global crude prices and expectations of a domestic rate cut also boosted investor sentiment.