Sensex hits new record high, trades 300 pts higher; Nifty surpasses 25,900

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According to media source, Sensex and Nifty hit record highs on Monday, fueled by expectations of increased foreign inflows following last week’s Federal Reserve rate cut, which has enhanced risk-on sentiment among investors.

As per media reports, Twelve of the 13 major sectors logged gains. The broader, more domestically focussed small- and mid-caps rose 0.5% and 0.2%, respectively.

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