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Wednesday, March 4, 2026

Sensex, Nifty Hit Record Highs as GDP Growth Boosts Sentiment

Sensex, Nifty Scale Fresh Lifetime Highs in Early Trade

Indian equity benchmarks, the Sensex and Nifty, surged to fresh all-time highs in early trade on Monday, December 1, 2025. The rally was fueled by investor optimism following a stronger-than-expected GDP growth of 8.2% for the July-September quarter.

Key Market Levels

  • BSE Sensex: Jumped 452.35 points to hit a record peak of 86,159.02.
  • NSE Nifty 50: Climbed 122.85 points to a lifetime high of 26,325.80.

Top Gainers and Losers

Major gainers from the Sensex pack included , Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India, and Kotak Mahindra Bank. On the flip side, ITC, Bajaj Finance, Titan, and Tech Mahindra were among the laggards.

Economic Backdrop

The robust market sentiment is directly linked to India’s Q2 FY26 GDP growth of 8.2% – the fastest pace in six quarters. Analysts attribute this to front-loading of production ahead of a GST rate cut, which boosted consumption and helped counter the impact of steep U.S. tariffs.

“New record highs for the Nifty appear set to become the new norm, buoyed by India’s Q2 FY26 GDP print of 8.2% and broad-based sectoral strength,” said Prashanth Tapse, Senior V-P (Research), Mehta Equities Ltd.

Global and Institutional Cues

In Asian markets, Shanghai and Hong Kong traded higher, while South Korea and Japan were lower. U.S. markets had ended positively on the previous Friday.

Institutional activity showed a divergence: Foreign Institutional Investors (FIIs) sold equities worth ₹3,795.72 crore on Friday, while Domestic Institutional Investors (DIIs) were net buyers, purchasing stocks worth ₹4,148.48 crore.

Commodity Movement

Brent crude oil, a key global benchmark, rose 1.62% to $63.39 per barrel.

Previous Session Close

On Friday, November 28, the markets had closed marginally lower. The Sensex settled at 85,706.67, down 13.71 points, and the Nifty ended at 26,202.95, down 12.60 points.

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