Stock market today, Oct. 23 -- The domestic benchmark indices, Sensex and Nifty 50, experienced gains on Thursday, fueled by growing optimism regarding the trade agreement between the US and India. The markets were further boosted by new foreign fund inflows and increased IT share purchases during the trading session.

On Thursday, the Nifty 50 was just 0.7% shy of its all-time high, tapping an intraday peak of 26,099.70. The Sensex reached a maximum of 85,272.40, which is roughly 0.8% below its historical high. Last September, the Nifty 50 established a record high of 26,277.35, while the Sensex also hit its peak at 85,978.25 during that timeframe.

Analysts credited the surge to news about a forthcoming meeting between President Donald ...