The Sensex and Nifty, which are the equity market benchmark indices, achieved new record highs in early trade on Monday, driven by a surge in global markets and fresh inflows of foreign funds.
The 30-share BSE Sensex soared by 416.62 points to reach an all-time high of 81,749.34 during early trade, while the NSE Nifty surged by 145.6 points, hitting a new peak of 24,980.45.
NTPC, State Bank of India, IndusInd Bank, ICICI Bank, and UltraTech Cement were the top gainers among the Sensex constituents, while Titan, Bharti Airtel, ITC, and Tech Mahindra experienced slower performance.
Positive market trends were observed in Seoul, Tokyo, Shanghai, and Hong Kong in the Asian markets.
Furthermore, the US markets experienced a rally on Friday.
As per exchange data, Foreign Institutional Investors (FIIs) purchased equities amounting to Rs 2,546.38 crore on Friday.