Nifty, Sensex at record highs: How stock mania is sweeping across India

Indian stock indices BSE Sensex and Nifty 50 have achieved new all-time highs due to US interest rate cuts and China’s stimulus measures. The rally is fueled by strong foreign inflows and favorable domestic economic conditions. Local investors’ growing enthusiasm for stocks has significantly contributed to this surge, which analysts predict will continue into 2025.