The BSE Sensex rallied by over 850 points during Friday’s trading session to breach the historic 84,500 milestone for the first time, while the Nifty 50 comfortably crossed the 25,800 resistance level.
Market analysts attributed the bullish momentum to strong macroeconomic indicators, moderating retail inflation at 3.6%, and heavy buying in private banking, FMCG, and automotive heavyweights.
Foreign Institutional Investors (FIIs) remained net buyers, pumping over ₹4,200 crore into domestic equities in a single session, reflecting global confidence in India’s long-term GDP growth trajectory.