Today, Indian financial markets surged to record highs, with the Nifty 50 starting at 25,030.95 and the BSE Sensex reaching 82,082. The uptrend is attributed to favorable global market conditions and hints of a possible Federal Reserve rate cut in September. Fed Chair Jerome Powell's indication of economic normalization and a dip in US bond yields are boosting investor confidence. Top gainers on the Nifty 50 included Maruti and Tata Motors, while Mahindra & Mahindra and Infosys lagged behind. The broader market indices and sectoral indices also opened positively. Over the past six months, both the Nifty 50 and Sensex have posted significant gains. Despite this rally, experts caution that sustaining these levels could be challenging due to stretched valuations.