<p>Mumbai: Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday in-tandem with a rally in global peers and fresh foreign fund inflows.</p><p>The 30-share BSE Sensex jumped 416.62 points to hit a new record peak of 81,749.34 in early trade. The NSE Nifty surged 145.6 points to hit a fresh lifetime peak of 24,980.45.</p><p>From the Sensex pack, NTPC, State Bank of India, IndusInd Bank, ICICI Bank and UltraTech Cement were among the biggest gainers.</p><p>Titan, Bharti Airtel, ITC and Tech Mahindra were among the laggards.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong were quoting in the positive territory.</p><p>The US markets rallied on Friday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 2,546.38 crore on Friday, according to exchange data.</p><p>"The undercurrent of this bull market has turned stronger on positive cues. The soft landing scenario for the US economy and the expectation of a rate cut by the Fed in September are intact. This will provide global support to this bull market," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>In a departure from recent trends both FIIs and DIIs (Domestic Institutional Investors) turned buyers last Friday resulting in a total buying of Rs 5,320 crore pushing the market sharply up, he added.</p><p>Global oil benchmark Brent crude climbed 0.35 per cent to $81.41 a barrel.</p><p>The BSE benchmark jumped 1,292.92 points or 1.62 per cent to settle at 81,332.72 on Friday.</p><p>The NSE Nifty surged 428.75 points or 1.76 per cent to settle at an all-time closing high of 24,834.85.</p>
<p>Mumbai: Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday in-tandem with a rally in global peers and fresh foreign fund inflows.</p><p>The 30-share BSE Sensex jumped 416.62 points to hit a new record peak of 81,749.34 in early trade. The NSE Nifty surged 145.6 points to hit a fresh lifetime peak of 24,980.45.</p><p>From the Sensex pack, NTPC, State Bank of India, IndusInd Bank, ICICI Bank and UltraTech Cement were among the biggest gainers.</p><p>Titan, Bharti Airtel, ITC and Tech Mahindra were among the laggards.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong were quoting in the positive territory.</p><p>The US markets rallied on Friday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 2,546.38 crore on Friday, according to exchange data.</p><p>"The undercurrent of this bull market has turned stronger on positive cues. The soft landing scenario for the US economy and the expectation of a rate cut by the Fed in September are intact. This will provide global support to this bull market," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>In a departure from recent trends both FIIs and DIIs (Domestic Institutional Investors) turned buyers last Friday resulting in a total buying of Rs 5,320 crore pushing the market sharply up, he added.</p><p>Global oil benchmark Brent crude climbed 0.35 per cent to $81.41 a barrel.</p><p>The BSE benchmark jumped 1,292.92 points or 1.62 per cent to settle at 81,332.72 on Friday.</p><p>The NSE Nifty surged 428.75 points or 1.76 per cent to settle at an all-time closing high of 24,834.85.</p>