India’s benchmark equity indices, Sensex and Nifty, surged over 2%, setting new record closing highs. The rally followed the RBI’s upward revision of GDP growth projection for 2024-25 to 7.2%. Sensex soared 1,618.85 points to 76,693.36, while Nifty rose 468.75 points to 23,290.15. IT, banking, realty, and auto stocks led the gains. The RBI maintained interest rates, focusing on inflation amidst robust economic growth. With all Sensex companies ending positively, the market reached fresh peaks amid optimism over government stability and economic forecasts.