Sensex, Nifty hit record highs on US Fed rate cut

BULLS IN CHARGE | Firm trend in the global markets

Benchmark equity indices Sensex and Nifty climbed to fresh record high levels on Thursday in line with firm global trends after the US Federal Reserve announced the first cut in policy rate in more than four years.

The 30-share BSE Sensex climbed 236.57 points or 0.29 per cent to settle at a lifetime high of 83,184.80. During the day, it jumped 825.38 points or 0.99 per cent to scale a new all-time intra-day high of 83.773.61.

The NSE Nifty gained 38.25 points or 0.15 per cent to 25,415.80. During the day, it surged 234.4 points or 0.92 per cent to hit a fresh intraday record peak of 25,611.95.