Sensex Soars Past 85,000 for the First Time: Nifty Hits All-Time High Amid Market Surge

In the aftermath of the US Federal Reserve's historic rate cut of 0.5 percent on September 18, the stock market has reached unprecedented heights. This marks the Fed's first rate reduction since early 2020, and it has invigorated investor confidence. The Sensex has soared past the significant 85,000 threshold, while the Nifty commenced trading at 25,975 points. This positive momentum can be attributed to the improved sentiment following the Fed's decision, which has played a crucial role in propelling both indices to record highs.