The Indian stock market achieved significant milestones as the Sensex and Nifty hit new record highs. The Sensex surpassed the 75,000 mark for the first time, reaching a peak of 75,124.28, while the Nifty climbed to a new record peak of 22,765.30. This rally was supported by a rebound in information technology (IT) stocks and optimism in global markets. The Sensex's jump was marked by a notable increase of 494.28 points, settling at a new record closing high of 74,742.50, after hitting an early trade high of 74,555.44. Similarly, the Nifty saw a climb of 152.60 points, ending at 22,666.30, after reaching an early trade high of 22,593.30. The stock market's bullish trend reflects growing investor confidence and is backed by positive market fundamentals.