Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Monday tracking foreign fund inflows and a rally in the US markets.
Equity markets have been continuously rallying amid the US rate cut hopes gathering momentum and renewed foreign fund inflows. The 30-share BSE Sensex jumped 359.51 points to hit a new record peak of 82,725.28 during the early trade.
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The NSE Nifty climbed 97.75 points to reach a fresh all-time high of 25,333.65. Among the 30 Sensex firms, Bajaj Finserv, HCL Tech, ITC, Tech Mahindra, Infosys and Asian Paints were the biggest gainers. Tata Motors, Mahindra & Mahindra, NTPC and Bharti Airtel were among the laggards. In Asian markets, Seoul traded in the positive territory while Tokyo, Shanghai and Hong Kong quoted lower.
