<p>Mumbai: Equity benchmark indices maintained their winning run in early trade on Tuesday, with the benchmark Nifty hitting its fresh all-time high level, amid an optimistic trend in global markets, continuous foreign fund inflows and favourable macroeconomic data.</p><p>The 30-share BSE Sensex climbed 96.15 points to 70,024.68 in early trade. The Nifty went up by 34.40 points to hit a record level of 21,031.50.</p><p>Among the Sensex firms, Tata Steel, Mahindra & Mahindra, ITC, JSW Steel, UltraTech Cement and Bajaj Finance were the major gainers.</p><p>Bharti Airtel, Infosys, Larsen & Toubro and Maruti were among the laggards.</p>.Rupee rises 1 paisa to 83.36 against US dollar in early trade.<p>The BSE benchmark surged past the 70,000-level for the first time on Monday, reaching its record intra-day peak of 70,057.83. It ended at 69,928.53, registering a gain of 102.93 points or 0.15 per cent.</p><p>The Nifty gained 27.70 points or 0.13 per cent to settle just below the 21,000 level at 20,997.10, its all-time closing high.</p><p>"The fundamental factor supporting the rally which has taken the market to record highs is the series of positive news: Q3 GDP growth rate of 7.6 per cent, CPI inflation falling to 4.87 per cent, manufacturing PMI rising to 56, Brent crude declining to $76 and FPIs turning buyers aided by correction in the US 10-year bond yield to 4.23 per cent," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>These positive economic news is being strengthened by expectations of political stability after the 2024 general elections, he added.</p><p>"Markets will be keenly watching the inflation print from the US tonight and the Fed's message on Wednesday," Vijayakumar said.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the postitve territory.</p><p>The US markets ended with gains on Monday.</p><p>Global oil benchmark Brent crude climbed 0.32 per cent to $76.27 a barrel on Tuesday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 1,261.13 crore on Monday, according to exchange data.</p>
<p>Mumbai: Equity benchmark indices maintained their winning run in early trade on Tuesday, with the benchmark Nifty hitting its fresh all-time high level, amid an optimistic trend in global markets, continuous foreign fund inflows and favourable macroeconomic data.</p><p>The 30-share BSE Sensex climbed 96.15 points to 70,024.68 in early trade. The Nifty went up by 34.40 points to hit a record level of 21,031.50.</p><p>Among the Sensex firms, Tata Steel, Mahindra & Mahindra, ITC, JSW Steel, UltraTech Cement and Bajaj Finance were the major gainers.</p><p>Bharti Airtel, Infosys, Larsen & Toubro and Maruti were among the laggards.</p>.Rupee rises 1 paisa to 83.36 against US dollar in early trade.<p>The BSE benchmark surged past the 70,000-level for the first time on Monday, reaching its record intra-day peak of 70,057.83. It ended at 69,928.53, registering a gain of 102.93 points or 0.15 per cent.</p><p>The Nifty gained 27.70 points or 0.13 per cent to settle just below the 21,000 level at 20,997.10, its all-time closing high.</p><p>"The fundamental factor supporting the rally which has taken the market to record highs is the series of positive news: Q3 GDP growth rate of 7.6 per cent, CPI inflation falling to 4.87 per cent, manufacturing PMI rising to 56, Brent crude declining to $76 and FPIs turning buyers aided by correction in the US 10-year bond yield to 4.23 per cent," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>These positive economic news is being strengthened by expectations of political stability after the 2024 general elections, he added.</p><p>"Markets will be keenly watching the inflation print from the US tonight and the Fed's message on Wednesday," Vijayakumar said.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the postitve territory.</p><p>The US markets ended with gains on Monday.</p><p>Global oil benchmark Brent crude climbed 0.32 per cent to $76.27 a barrel on Tuesday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 1,261.13 crore on Monday, according to exchange data.</p>