Stock Market LIVE: Sensex Crosses 86,000, Nifty Trades At New High As HDFC Bank, ICICI Bank Shares Lead

India’s benchmark indices climbed to new peaks on Thursday, with both Nifty and Sensex marking their highest levels on record after recovering from a steep correction earlier this year.

The Nifty index touched 26,295.55 in trade, surpassing its previous record of 26,277 set in September 2024. The Sensex also hit an all-time high. The move follows a rebound in the market after both indices dropped more than 15% from their earlier peak recorded on April 7, 2025. They have since rallied about 18% to reach today’s highs. It took Nifty roughly 289 trading sessions to reclaim a new high from its September 2024 peak, the second-longest such recovery period in the past decade.

Glenmark Pharma received 'Voluntary Action Indicated' from the US Food and Drug Administration for formulations manufacturing unit in Monroe Commercial Manufacturing. The facility at the Monroe site will now restart

The US FDA inspected Monroe facility from June 9-17. The Monroe site was earlier under warning letter since June 2023

The benchmark Nifty 50 index hit a fresh record high on Thursday's trading session, finally topping its previous peak set nearly 14 months ago.

The index touched the 26,295.55 mark in trade, surpassing the previous all-time high of 26,277 set in Sept. 2024, after which followed a period of slowdown.

The BSE Sensex rose to a new high and crossed 86,000 mark for first time. The index was trading 0.46% higher at 86,6006.88 as of 10:13 a.m.