Mumbai, India – Indian stock markets witnessed a jubilant surge on Thursday, November 27, 2025, with both the Sensex and Nifty scaling new heights. The Bombay Stock Exchange (BSE) Sensex soared, achieving a new lifetime high, while the National Stock Exchange (NSE) Nifty mirrored the performance, also reaching a fresh record.
The Sensex recorded an intraday high of 86,026.18, a jump of 416.67 points, surpassing its previous peak of 85,978.25 from September 27, 2024. Ultimately, the 30-share BSE Sensex settled at 85,720.38, up by 110.87 points, or 0.13%. Similarly, the Nifty reached an all-time high of 26,306.95, gaining 101.65 points. The 50-share NSE Nifty concluded the day marginally higher at 26,215.55, a rise of 10.25 points or 0.04%.
This surge marks the first new all-time high in the calendar year 2025 and a continuation of a strong market momentum in the current quarter. As of November 2025, the Sensex has gained 2.5%, and 7.2% thus far in the December quarter. The BSE benchmark index has rallied over 20.4%, or 14,601 points, from its calendar year low of 71,425 to the new high. The Sensex has registered a record high for the ninth straight calendar year.
Market analysts attribute this rally to a confluence of factors, including positive global cues, strong domestic inflows, and growing hopes for a rate cut by the U.S. Federal Reserve. Optimism surrounding potential trade agreements between the U.S. and India has further bolstered investor sentiment. Foreign Institutional Investors (FIIs) bought equities worth ₹4,778.03 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹6,247.93 crore.
Among the Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech, and HDFC Bank were among the top gainers. Conversely, Maruti, Eternal, UltraTech Cement, and State Bank of India were among the laggards.
Global markets also played a role in this surge. Asian markets, including South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite index, and Hong Kong's Hang Seng index, all closed in positive territory. U.S. markets ended higher on Wednesday, further contributing to the positive sentiment.
However, some analysts caution that valuations are elevated, and deep bargains are limited. Mutual funds appear to be moving cautiously, holding significant cash reserves. As of October 2025, mutual funds were holding ₹2.09 lakh crore in cash.
Despite these cautions, the overall sentiment remains upbeat. Experts suggest that the market's strength has broadened, with various sectors, including metals, performing well. The Indian Rupee also saw a slight appreciation, settling at 89 rupees and 45 paise against the US dollar.
The market will likely remain upbeat as long as the index holds above 81,900 levels, with near support visible at 84,250.
