D-Street bulls party as Sensex breaches 85K and Nifty tops 26K for the first time

India’s key stock indices reached all-time intraday highs, with the Nifty crossing 26,000 and the Sensex breaching 85,000. Despite a choppy session, the indices ended flat. Market sentiment was boosted by rate cuts from the US Federal Reserve and measures from China’s central bank to revive its economy.