India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025. The Nifty and Sensex have gained 18.

Nifty and Sensex opened strong following a global market surge after the US Federal Reserve's interest rate cut.

Twelve of the 13 major sectors logged gains, with metals leading sectoral gainers with a 1.75% climb and all 15 of its constituents were in the green

The Fed's interest rate cut is a positive factor for Indian equities as it boosts global liquidity, potentially attracting more foreign funds. However, concerns over high valuations continue to loom large.

Mumbai: India's frontline stock indices opened at record levels on Thursday after the US Federal Reserve cut interest rates by 50 basis points, signalling the start of an easing cycle that may lead to further rate reductions.

Nifty, Sensex opened strong on Friday following a global market surge after the US Federal Reserve decision to cut interest rates.

The Indian equity benchmarks created new record highs on Friday boosted by strong trend in US markets overnight. The Sensex rose as much as 975 points to hit new record high of 84,159.90 and Nifty 50 index touched an all-time high of 25,