Sensex And Nifty Hit Record Highs In Early Trade

The equity benchmark indexes Sensex and Nifty hit new lifetime highs in early trade on Tuesday, fueled by a worldwide market rebound and buying in IT firms.

In early trading, the 30-share BSE Sensex surged 379.68 points to a new high of 79,855.87. The Nifty soared 94.4 points to a lifetime high of 24,236.35.

HCL Technologies, Tata Consultancy Services, Infosys, Bharti Airtel, HDFC Bank, and Power Grid were the top gainers.

Among the laggards were Tata Motors, Bajaj Finance, Kotak Mahindra Bank, and ICICI Bank.

In Asian markets, Indonesia, Thailand, Tokyo, Hong Kong, Malaysia, and Shanghai were trading in positive territory, while Singapore, Taiwan, and South Korea were trading in negative territory.

US markets closed higher on Monday.

European stocks ended higher on Monday.

Brent crude gained 0.23 percent to USD 86.80 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 426.03 crore on Monday.

On Monday, the Sensex climbed 443.46 points, or 0.56 percent, to 79,195.63, while the Nifty jumped 112.75 points, or 0.46 percent, to 24,123.35.

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