Stock Market LIVE Updates | On Friday, Indian benchmark equity indices hit record highs and saw weekly gains, driven by a significant interest rate cut from the U.S. Federal Reserve earlier in the week,

Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports led the gains

On the 30-share Sensex platform, M&M, ICICI Bank, JSW Steel, L&T, Airtel, Nestle emerged gainers. On the down side, SBI, IndusInd Bank, TCS, and Bajaj Finance were among the losers

Indian shares reached record highs as US Federal Reserve cut interest rates. NSE Nifty 50 and Sensex rose by 1.1%, with the Sensex surpassing 84,000 mark.

The Indian equity benchmarks created new record highs on Friday boosted by strong trend in US markets overnight. The Sensex rose as much as 975 points to hit new record high of 84,159.90 and Nifty 50 index touched an all-time high of 25,

The two key equity benchmark indices, Sensex and Nifty, on Friday are trading in the green, led by overnight gains in the US stock markets, amid positive cues from Asian markets. At 10.05 am, the BSE Sensex rose 520 points to 83,

India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025. The Nifty and Sensex have gained 18.

Within the Nifty index, several prominent companies, including NTPC, Titan, Kotak Bank, And Nestle India were among the top gainers. On the other hand BPCL, Coal India, ONGC , And Adani Ports were the the top losers.

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,530 level, a premium of nearly 40 points from the Nifty futures’ previous close.