New Delhi, Oct. 22 -- The Indian stock market has enjoyed a sustained bull run in recent sessions, as investor confidence appears to have returned to domestic equities. A strong start to the September quarter earnings, easing valuation concerns, and progress in the trade deal between India and the US have boosted risk appetite, driving frontline indices to register robust rallies and bringing them close to their record highs.

The Nifty 50 remained higher even during the special Diwali session on Tuesday, extending its winning run to the fifth consecutive session, resulting in a cumulative return of nearly 3%. The rally also led the index to gain 5.11% in October so far, its best monthly jump since March 2025.

With the latest rally, the ...