Sensex hits record high post US rate cut, M&M leads gainers, market bullish on global cues, potential for further gains.

On the 30-share Sensex platform, M&M, ICICI Bank, JSW Steel, L&T, Airtel, Nestle emerged gainers. On the down side, SBI, IndusInd Bank, TCS, and Bajaj Finance were among the losers

The 30-share BSE Sensex surged 439.75 points to 83,624.55 in early trade, while the NSE Nifty rose 132.05 points to 25,547.85. Among the top gainers from the 30 Sensex firms were JSW Steel, Tata Steel,

Indian shares reached record highs as US Federal Reserve cut interest rates. NSE Nifty 50 and Sensex rose by 1.1%, with the Sensex surpassing 84,000 mark.

The Indian equity benchmarks created new record highs on Friday boosted by strong trend in US markets overnight. The Sensex rose as much as 975 points to hit new record high of 84,159.90 and Nifty 50 index touched an all-time high of 25,