Indian stock markets opened at record highs on Wednesday, with the BSE Sensex rising over 100 points to 28,885 and the broader Nifty advancing 25 points to 8,722.
The Sensex has gained over 1,500 points in the last five trading sessions as investors rejoiced a surprise rate cut by the Reserve Bank on Thursday. There's optimism that the RBI's changed stance on interest rates will spur demand and kick start the investment cycle leading to higher economic growth.
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