Sensex, Nifty hit fresh highs in early trade

Core Insights - Equity benchmark indices Sensex and Nifty reached all-time highs due to positive investor sentiment following India's GDP growth of 8.2% in Q2 FY26, marking the fastest growth in six quarters [1][4] Market Performance - The BSE Sensex increased by 452.35 points to a record high of 86,159.02, while the NSE Nifty rose by 122.85 points to a lifetime high of 26,325.80 [2][3] - Key gainers included Adani Ports, Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India, and Kotak Mahindra Bank, while laggards were ITC, Bajaj Finance, Titan, and Tech Mahindra [4] Economic Context - The 8.2% GDP growth in July-September was attributed to front-loading of production ahead of GST rate cuts, which boosted consumption and mitigated the effects of high US tariffs [4] - Analysts suggest that new record highs for the Nifty may become the norm, supported by broad-based sectoral strength [5] Investment Activity - Foreign Institutional Investors (FIIs) sold equities worth ₹3,795.72 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹4,148.48 crore [6] - Brent crude oil prices increased by 1.62% to $63.39 per barrel, indicating potential implications for sectors sensitive to oil prices [6]