Sensex & Nifty Hit Record Highs on Rate-Cut Hopes, FII Buying

Markets surged to fresh highs as Sensex crossed 86,000 and Nifty hit 26,306, driven by strong FII inflows, expectations of US and India rate cuts, and positive global cues. Softer crude prices and supportive IMF outlook further boosted sentiment, with financials and select blue-chip stocks leading gains. Major Gainers: