Benchmark indices extended their winning streak for the second consecutive session on Thursday, with the Sensex surging 862.23 points, or 1.04 per cent, to close at 83,467.66, while the Nifty gained 261.75 points, or 1.03 per cent, to settle at 25,585.30, breaching the psychological 25,600 mark intraday for the first time since June 27.

The rally was broad-based, led by banking, FMCG and realty stocks, driven by optimism surrounding domestic earnings recovery, positive global cues, and hopes of progress in India-US trade negotiations ahead of the November deadline. The RBI’s monetary policy meeting minutes signaling room for further rate cuts amid falling inflation further boosted sentiment.

Nestle India topped the Nifty gainers, surging 4.76 per cent to ₹1,279.50, followed by Tata

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