In 1526, the battle of Panipat was fought between ______.

Correct option is D

The Battle of Panipat was fought between the forces of the Mughal Empire, led by Babur, and the forces of the Delhi Sultanate, led by Ibrahim Lodi, on 21 April 1526.
The battle took place near Panipat, which is now in the Indian state of Haryana. The Mughal victory in this battle established the Mughal Empire in India.