India's Nifty 50 hit a record high Thursday as Asia-Pacific markets tracked Wall Street gains on Fed rate-cut hopes and tech rebound.

The Nifty hit 26,284.2, the benchmark stock index had last hit a record high in September 2024. The BSE Sensex was also hovering close to a new high, up 0.16%.

Japan's benchmark Nikkei 225 index rose 1.42%, led by tech stocks, while the Topix index added 0.64%. Among the top movers were Advantest , which jumped as much as 5%, tech conglomerate SoftBank , which soared more than 5%, and Tokyo Electron , which was up 2.09%.

South Korea's Kospi advanced 1.05%, while the small-cap Kosdaq climbed 0.39%. The Bank of Korea kept its benchmark interest rate unchanged at 2.5% — in line with expectations — for a fourth consecut

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