Rising for the third straight week, domestic benchmark indices ended higher on positive global sentiment following the latest Jackson Hole meeting, where the outcome suggested a potential rate cut by the Federal Reserve in the upcoming September meeting. The markets hit multiple record highs during the week. This week, the Sensex surged 1,280 points, or 1.6 percent, to close at 82,366 yesterday.

The Nifty gained 413 points, or 1.7 percent, during the week to close at 25,236. In the broader market, the BSE Midcap index gained 1.5 percent and the Smallcap index 0.6 percent. In August, the Sensex climbed 0.8 percent and the Nifty surged 1.1 percent.