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Story summary
- The Nifty 50 closed at 26,202.95 and the Sensex at 85,706.67, marking all-time highs after 14 months and a third consecutive monthly gain.
- Analysts attributed the rally to supportive monetary policy and robust demand, with GDP growth estimated at 7.3% year-on-year.
- Eleven of 16 sectors rose, led by information technology, which climbed 4.7%.
- However, small-cap stocks fell 3%, reflecting uncertainty over a trade deal with the United States.
