Indian Sensex Hits All-Time High of 87,500 on FII Buying
Strong foreign institutional investor inflows and robust corporate earnings drove the BSE Sensex to a new record, with IT and banking sectors leading gains.
The BSE Sensex closed at a new all-time high of 87,547 points on Thursday, as foreign institutional investors (FIIs) returned to Indian equities in force following months of net selling. The Nifty 50 also hit a record, closing at 26,480 — its highest level ever.
The rally was broad-based but led by large-cap IT stocks and private sector banks, both of which have reported strong quarterly earnings. HDFC Bank, Infosys, TCS, and Reliance Industries collectively contributed over 300 points to the day's gain.
Sectors driving the rally
- —IT sector +3.2% — earnings upgrades from TCS and Infosys on US client demand recovery
- —Banking +2.8% — strong Q4 results and NIM expansion
- —Auto +2.1% — record monthly sales data from SIAM
- —Consumer staples +1.4% — rural demand recovery narrative strengthening
Market breadth was positive with 2,100 stocks advancing versus 850 declining on the BSE. Analysts say the market is pricing in a combination of easing RBI policy, strong GDP growth, and a stable political environment heading into the second half of 2026.