The Nifty 50 index crossed 27,500 for the first time on Thursday, closing at 27,512 as sustained foreign institutional buying continued to power India’s equity markets to record highs.
FIIs have been net buyers for six consecutive weeks, pumping ₹23,000 crore into Indian equities since mid-March, reversing a nine-month selling streak that had weighed on markets through most of 2025.
What Is Driving the Rally
Analysts point to three confluent factors: India’s relative outperformance of China’s slowing economy, expectations of RBI rate cuts in June, and strong quarterly earnings from banking and IT bellwethers. The Sensex has gained 14.2% since the start of the calendar year.