New Delhi, Nov. 27 -- The Indian stock market surged to fresh milestones on Thursday, November 27, as the Nifty 50 touched a new all-time high after a 14-month gap and the BSE Sensex climbed to its 52-week peak amid strong global cues. The Nifty 50 hit a record high of 26,295.55, surpassing its previous lifetime peak of 26,277.35 recorded in September 2024.

The Sensex also strengthened, rising over 200 points to scale a 52-week high of 85,940.24. The index is now less than 38 points away from its all-time high of 85,978.25, achieved on September 27, 2024.

Globally, markets continued to cheer expectations of monetary easing. Traders are pricing in a 25-basis-point rate cut each by the US Federal Reserve and the Reserve Bank of India (RBI...