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Nifty hits record high, sensex rises 290 points in early trade

The 30-share BSE Sensex increased by 290.46 points to 80,809.80, while the NSE Nifty advanced 95.85 points to a new record high of 24,598.

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In early trade on Monday, the Nifty hit a new all-time high, while the Sensex rose 290 points, boosted by buying in IT sectors and fresh foreign capital inflows. A surge in global markets added to the upward trend in equities. The 30-share BSE Sensex increased by 290.46 points to 80,809.80, while the NSE Nifty advanced 95.85 points to a new record high of 24,598, reported PTI. 

According to the report, HCL Technologies led the gains, rising more than 3 per cent after reporting a 20.4 per cent increase in consolidated net profit to Rs 4,257 crore for the June quarter and forecasting revenue growth of 3-5 per cent in FY25. Other significant winners included UltraTech Cement, Tata Motors, Maruti, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Kotak MahindraBank, Tata Steel, Asian Paints, Power Grid, and Axis Bank were among the laggards.

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