Automobile, pharma rally hits bulls’ high

Nifty and Sensex soared to all-time highs with stocks like Maruti Suzuki and Divi's Labs, driven by ₹40,000 crore mutual fund inflows. Analysts see technical resistance and possible consolidation, awaiting Powell’s testimony on rates and inflation. Sensex hit an intraday record, with the July budget and June quarter earnings as key events.