October is on track to register the second straight month of gains for Nifty this year. (Image Source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

India's benchmark index, Nifty 50, on Thursday reclaimed the 26,000 mark after over a year, as multiple tailwinds helped boost positive sentiment. The 50-stock index rose for the sixth consecutive session, after reports said India and the United States are close to a trade deal.

The Nifty 50 on Thursday gained as much as 0.9% or 225 points to hit 26,099 intraday. The last time the index was above 26,000 was Sept. 30, 2024. The all-time high of 26,277 was hit on Sept. 27, 2024.

The Nifty is now just 0.4% away from scaling a new record high. The index has rallied 18% off April low. October is set to register the

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