The Nifty 50 index has achieved a new all-time high, breaking a 14-month-long streak and marking a significant milestone for the Indian stock market. On November 27, 2025, the index reached a record high of 26,295.55, surpassing its previous peak of 26,277.35 from September 2024. This surge reflects strong bullish sentiment driven by a combination of domestic and global factors.
The Nifty 50 has delivered impressive returns, gaining over 8% (more than 2,000 points) in the last year and rallying over 11% (more than 2,600 points) in the year-to-date (YTD) period. The S&P BSE Sensex also strengthened, climbing over 200 points to reach a 52-week high of 85,940.24, nearing its all-time high of 85,978.25 from September 2024.
Several stocks have significantly contributed to this rally. Eicher Motors, Bajaj Finserv, Bajaj Finance, Reliance Industries, and Tech Mahindra were among the top contributors. Specifically, Bajaj Finance has been a key gainer, adding 54% in the past year. Financial stocks, led by Bajaj Finance (up 2.05%), Shriram Finance (up 1.14%), and Bajaj Finserv (up 1.07%), played a crucial role in driving the uptrend. HDFC Bank and ICICI Bank also contributed to the sector's stability.
The positive momentum is further supported by expectations of monetary easing by both the US Federal Reserve and the Reserve Bank of India (RBI). Traders are anticipating a 25-basis-point rate cut by each central bank in December. Such rate reductions are expected to boost liquidity, lower borrowing costs, and further fuel bullish sentiment in the equity markets.
Moreover, strong corporate earnings are providing fundamental support to the rally. Expectations of potential earnings growth in the third and fourth quarters of FY26, coupled with a consumption boom witnessed in October 2025, are translating into impressive earnings growth.
Global factors are also contributing to the positive sentiment. Growing expectations of interest rate cuts by the U.S. Federal Reserve and a possible resolution of the Russia-Ukraine conflict have improved sentiments for equity markets globally. This has led to increased foreign fund inflows, with Foreign Institutional Investors (FIIs) buying equities worth ₹4,778.03 crore. Domestic Institutional Investors (DIIs) have also been active, purchasing stocks worth ₹6,247.93 crore.
Other sectors contributing to the Nifty's rise include Consumer Goods, particularly led by Asian Paints, and Consumer Discretionary, supported by Titan. Broadly, the market breadth is strong, with more stocks advancing than declining. The Nifty Midcap and Smallcap indices have also shown gains, indicating overall positive market sentiment.
