Sensex jumped to its record high of 83,773.61 before ending at 83,184.80 with a gain of 237 points, or 0.29%. The Nifty 50 rose to its fresh high of 25,611.95 but settled 38 points, or 0.15%, higher at 25,

Sensex and Nifty indices reached all-time highs following the US Federal Reserve's first policy rate cut in over four years. Although both indices peaked during the day, they closed with minor gains.

BSE Sensex and NSE Nifty50 – opened on Thursday at record highs, with both indices up 1% from the previous session's closing, following the Federal Reserve's decision to lower interest rates by 50 basis points (bps).

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,400 level, a premium of nearly 30 points from the Nifty futures’ previous close.

On Thursday, 1246 stocks advanced, 2374 declined and 95 remained unchanged, with an advance decline ratio 0.52 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

Domestic heavyweight sectors such as banking and FMCG witnessed buying, spurred by foreign investments and expectations of monetary easing by the RBI in October.

Torrent Power, Laurus Labs, REC, PFC, IRFC and IRCTC fell up to 4 per cent. Lupin, HPCL, Mazagon Shipbuilders and BHEL also declined up to 2.5 per cent.