New Delhi, Nov. 27 -- Indian stock market bulls waited 14 long months for the Nifty 50 to reach a fresh record high. Although the index attempted multiple times in November to break the September 2024 highs, it finally surged past the 26,277 level to register a new record of 26,310 in Thursday's session, November 27.

The rebound marks a revival of confidence among Dalal Street bulls, which had earlier been dampened by weak earnings, rich valuations, and geopolitical tensions. While higher US tariffs on Indian imports remain a concern, investors shrugged off these worries following multiple government measures, including GST rate cuts, aimed at mitigating the impact.

Analysts expect the September quarter earnings recovery to strengthen f...