
Reliance leads India's stock benchmarks towards record high levels

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India's stock benchmarks, led by Reliance, approached record highs due to strong quarterly earnings and optimism for market rebound. Nifty 50 and BSE Sensex gained 0.5%, nearing all-time highs. Reliance rose 2%, boosted by UBS and Motilal Oswal's positive outlook. Hero MotoCorp gained 2.1% after Macquarie's upgrade. Market sentiment improved with speculation of an India-U.S. trade deal and recovering corporate profitability.

