New Delhi, Nov. 27 -- After multiple failed attempts, the Nifty 50 finally touched a fresh record high of 26,310 in Thursday's session, November 27, surpassing its September 2024 peak of 26,277.

Sentiment remained in favour of the bulls amid rising expectations of a US Federal Reserve rate cut in December, the return of overseas investors, improving domestic macros, and anticipated earnings recovery, all driving the index to catch up to its Asian peers.

The index has advanced 11% year-to-date, though its performance lags behind other Asian markets, which have been largely powered by the AI rally.

Local equities are yet to catch up, but the index is still poised to post ten consecutive years of gains, supported by robust mutual fund inf...