Twelve of the 13 major sectors logged gains, with metals leading sectoral gainers with a 1.75% climb and all 15 of its constituents were in the green

BSE Sensex and NSE Nifty50 – opened on Thursday at record highs, with both indices up 1% from the previous session's closing, following the Federal Reserve's decision to lower interest rates by 50 basis points (bps).

The 30-share BSE Sensex surged 439.75 points to 83,624.55 in early trade, while the NSE Nifty rose 132.05 points to 25,547.85. Among the top gainers from the 30 Sensex firms were JSW Steel, Tata Steel,

The Fed's interest rate cut is a positive factor for Indian equities as it boosts global liquidity, potentially attracting more foreign funds. However, concerns over high valuations continue to loom large.

Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate after more than four years.

Indian benchmark equity indices closed on a strong note on Thursday, with the Nifty hovering around 25,400. Gains in the banking, FMCG, and real estate sectors pushed the index up. In addition, the Federal Reserve's more significant-than-expected rate cut boosted global stocks,

The Indian equity benchmarks resumed their up move on Thursday after a day's pause in the previous session after the US Federal Reserve surprised global markets with first rate cut in four years which was larger than expected.

The indices closed for the day's trade on Thursday, September 19, having touched some crucial milestones. The Nifty 50 crossed its lifetime high mark. The major indices ended the day's trade in green.