Indian benchmark indexes Sensex and the Nifty50 climbed to new all-time record highs Thursday morning, as shares extended recent gains on positive global cues amid rising optimism the Federal Reserve will lower interest rates by 25 basis points in December.
Heavy buying by Foreign Institutional Investors over the past few sessions, and expectations of a rate cut by the Reserve Bank of India next week, contribute as well to the upbeat mood in the Indian markets.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.