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In a significant milestone, the BSE Sensex breached the historic 75,000-mark for the first time ever in early trade on Tuesday. Market experts attributed this record-breaking rally to substantial buying in IT stocks.
Alongside the Sensex, the NSE Nifty also climbed to a fresh new record peak, reaching 22,765.30. This surge reflects the positive momentum in the market.
Notable gainers from the Sensex basket included Infosys, Tech Mahindra, Tata Consultancy Services, HCL Technologies, Tata Motors, Wipro, ICICI Bank, and Nestle.
Conversely, JSW Steel, Kotak Mahindra Bank, Reliance Industries, and Larsen & Toubro were among the laggards.
Nifty Mid Cap 100 and Small Cap 100 traded positively, mirroring the gains seen in the headline indices.
The Nifty Bank, considered high-beta, was up 0.13 per cent at 48,643.25.
Tokyo and Hong Kong markets traded in the positive territory, while Seoul and Shanghai quoted lower.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 684.68 crore on Monday, as per exchange data.
Global oil benchmark Brent crude climbed 0.19 per cent to USD 90.55 a barrel.
The BSE benchmark surged 494.28 points or 0.67 per cent to close at a new peak of 74,742.50 on Monday.
The NSE Nifty also saw an uptrend, climbing 152.60 points or 0.68 per cent to 22,666.30, setting the stage for the continued rally witnessed on Tuesday.
