Nifty Hits All-Time High After 14 Months, Markets Cheer

Nifty hit its all-time high levels with the Indian markets extending rally this morning. Nifty 50, the benchmark index that tracks the 50 most valuable companies listed on the National Stock Exchange, is trading above 26,277 points, the previous all-time high recorded in September 2004. It took about 289 sessions and roughly 14 months for the Nifty to break the ceiling and surge past despite hesitation, the absence of a trade deal with the US, and geopolitical developments. 

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