Mumbai: Benchmark equity indices Sensex and Nifty hit their new all-time highs in early trade on Monday, tracking a rally in global markets and optimistic investor sentiments days ahead of the announcement of Lok Sabha election results.
The 30-share BSE Sensex rose 269.28 points to reach an all-time high of 75,679.6 in early trade. NSE Nifty rose 86.1 points to a new high of 23,043.20.
Among Sensex companies, Tata Steel, Bharti Airtel, JSW Steel, Kotak Mahindra Bank, Sun Pharma, Axis Bank and HDFC Bank were the major gainers.
Wipro, Mahindra & Mahindra, Maruti and Asian Paints were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in positive territory.
Wall Street closed with gains on Friday.
The results of the current general elections will be declared on June 4.
Global oil benchmark Brent crude rose 0.21 percent to US$82.29 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 944.83 crore on Friday.
On Friday, the BSE benchmark closed 7.65 points or 0.01 per cent lower at 75,410.39. Nifty crossed the 23,000 mark for the first time on Friday. However, it pared all gains and closed marginally lower at 22,957.10, down 10.55 points or 0.05 per cent.
The 30-share BSE Sensex rose 269.28 points to reach an all-time high of 75,679.6 in early trade. NSE Nifty rose 86.1 points to a new high of 23,043.20.
Among Sensex companies, Tata Steel, Bharti Airtel, JSW Steel, Kotak Mahindra Bank, Sun Pharma, Axis Bank and HDFC Bank were the major gainers.
Wipro, Mahindra & Mahindra, Maruti and Asian Paints were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in positive territory.
Wall Street closed with gains on Friday.
The results of the current general elections will be declared on June 4.
Global oil benchmark Brent crude rose 0.21 percent to US$82.29 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 944.83 crore on Friday.
On Friday, the BSE benchmark closed 7.65 points or 0.01 per cent lower at 75,410.39. Nifty crossed the 23,000 mark for the first time on Friday. However, it pared all gains and closed marginally lower at 22,957.10, down 10.55 points or 0.05 per cent.
