Indian shares reached all-time highs today (1 August) as the Nifty 50 crossed the 25,000 mark, driven by a global rally after the US Federal Reserve hinted at a potential interest rate cut in September. The NSE Nifty 50 rose 0.32% to 25,030.95 points, and the BSE Sensex reached 81,949.68 points. All 13 major sectors saw gains, with small and mid-caps rising about 0.5% each. Tata Steel increased by 2%, and Coal India gained 2.5%. However, Infosys dropped 0.7% due to a $4 billion tax bill. Pramod Gubbi of Marcellus Investment Managers highlighted the positive impact of potential foreign inflows on India.
