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Nifty 50 hits record high—here's what pushed it up

Business

India's Nifty 50 index just hit a fresh all-time high of 26,228 points on November 20, edging up 0.7% since its last peak in September.
The rally was powered by foreign investors coming back as buyers and solid corporate earnings, with some extra lift from progress on the India-US trade deal.

What sparked the surge?

Foreign institutional investors pumped $1.3 billion into Indian markets in October, flipping from sellers to buyers—something Siddharth Vora of PL Asset Management says really boosted confidence.
Plus, Nifty 50 companies were slightly ahead of expectations this quarter, and big banks like Morgan Stanley are now optimistic about India's market reversing their historic underperformance against emerging market peers.