Sensex, Nifty Close Higher After Touching Fresh Record Highs

Indian benchmark indices ended Thursday’s session on a positive note after hitting new all-time highs earlier in the day.

The Sensex closed at 85,720.38, up 110.87 points (0.13%), while the Nifty finished at 26,215.55, gaining 10.25 points (0.04%).

During intraday trading, the Sensex touched a record 86,055.86, and the Nifty hit a new peak of 26,310.45.

From a technical standpoint, analysts noted that 26,300 remains a crucial resistance level and the next breakout point.
“A decisive close above this could open the path toward fresh highs in the 26,350–26,450 range,” market experts said.

On the downside, the 26,150–26,000 zone continues to act as strong support, backed by consistent Put writing and positional buying.
For the Sensex, the index continues to form a higher-high, higher-low pattern on the daily chart.
“Immediate resistance lies near 86,000–86,500, while 85,500–85,200 remains a key support zone,” analysts added.

Broader markets showed mixed movement:

• Nifty Midcap 100 rose 0.08%

• Nifty Smallcap 100 fell 0.53%

Among Sensex constituents, the top gainers included Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, and HCL Tech. Other major gainers were Eternal, Maruti Suzuki, Ultratech Cement, SBI, and Tata Steel.

Sector-wise, buying interest lifted Nifty Bank, Financial Services, Media, IT, FMCG, and Chemicals, all of which closed in the green.
Sectors such as Auto, Energy, Metal, Oil & Gas, Realty, and Consumer Durables saw selling pressure and ended lower.

Analysts said investors are now closely tracking tomorrow’s GDP data, along with the US-India deal developments and the upcoming RBI policy meeting.
“These factors will be crucial in determining the near-term direction of the markets,” they noted.