Sensex rises nearly 400 points, crosses 62,000 mark

Nifty also touched a new intra-day record of 18,604.45 in opening deals.

Equity benchmark Sensex jumped nearly 400 points in early trade on Tuesday, October 19, 2021, tracking gains in index majors HDFC Bank, L&T and Reliance Industries amid a positive trend in global markets.

Extending its record-setting run, the 30-share index touched an all-time high of 62,159.78 in opening deals. It was trading 357.88 points or 0.58 per cent higher at 62,123.47.

Similarly, Nifty rose 101.05 points or 0.55 per cent to reach 18,578.10. It touched a new intra-day record of 18,604.45 in opening deals.

L&T was the top gainer in the Sensex pack, up nearly 3 per cent, among Tech Mahindra, HCL Tech, HUL, Axis Bank and Bharti Airtel.

On the other hand, ITC, UltraTech Cement, Titan, PowerGrid and Kotak Bank were among the laggards.

In the previous session, the 30-share index ended 459.64 points or 0.75 per cent higher at its new closing record of 61,765.59, and the Nifty rose 138.50 points or 0.76 per cent to its all-time high of 18,477.05.

FII net buyer

Foreign institutional investors (FIIs) were net buyers in the capital market as they bought shares worth Rs 512.44 crore on Monday, according to exchange data.

Elsewhere in Asia, shares in Hong Kong, Shanghai, Seoul and Tokyo were trading with gains in mid-session deals.

Stock exchanges on Wall Street were also largely positive in the overnight session.

Meanwhile, international oil benchmark Brent crude fell 0.05 per cent to $84.29 a barrel.

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