Nifty regains 26K level after more than a year

Benchmark indices gained on Wednesday, with the Nifty closing above the 26,000 mark for the first time after a year, buoyed by optimism over a potential US-China trade deal.

- SUNDAR SETHURAMAN

The 50-share index ended the session at 26,054, up 118 points or 0.5 per cent. This is the first close above 26,000 since September 27, 2024.

‘The Sensex advanced 369 points, or 0.4 per cent, to 84,997. From Wednesday’s close, the Sensex is just 1 per cent and the Nifty 0.6 per cent shy of their all-time highs. The combined market capitalisation of BSE-listed companies rose by ₹3.2 trillion to ₹474 trillion, slightly below the all-time high of ₹478 trillion on September 27, 2024.