Sensex rises over 300 points to hit all-time high, Nifty trades near 21,300

The Indian benchmark Nifty 50 and Sensex indexes opened at a new all-time high on Friday.

Tracking the global stocks rally on elevated bets of a U.S. rate cut by March 2024, after the Federal Reserve’s policy meeting earlier this week.

The NSE Nifty 50 index .NSEI rose 0.45 per cent to 21,279.25 points, while the S&P BSE Sensex .BSESN added 0.44 per cent to 70,821.30, as of 9:16 a.m. IST.