Indian Stock Market Hits Record Highs as Sensex Nears 86,000

Strong performance driven by IT stocks and foreign investments, with key indices Nifty and Bank Nifty also reaching new peaks.

The Sensex closed at 85,836.12 points, up 666.25 points or 0.78%, nearing the 86,000 mark.
The Nifty Index reached an all-time high of 26,250 levels, closing with gains of around 210 points.
Key sectors driving the rally include IT, auto, and metal stocks, with major gains from companies like Infosys and Tata Motors.
Foreign portfolio investors have been net buyers, investing Rs 49,459 crore in September, supported by the US Federal Reserve's interest rate cuts.
Despite foreign selling, domestic liquidity remains strong, with significant buying from domestic institutional investors.