Sensex, Nifty Scale Fresh Lifetime Highs in Early Trade
Indian equity benchmarks, the Sensex and Nifty, surged to fresh all-time highs on Monday morning, powered by strong investor sentiment following a robust GDP growth report.
Key Market Levels
- BSE Sensex: Jumped 452.35 points to a record 86,159.02.
- NSE Nifty: Climbed 122.85 points to a lifetime high of 26,325.80.
Top Gainers and Losers
The rally was broad-based. Major gainers from the Sensex pack included , Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India, and Kotak Mahindra Bank.
On the flip side, ITC, Bajaj Finance, Titan, and Tech Mahindra were among the laggards.
GDP Growth Fuels Rally
The surge follows data showing India’s economy grew at a higher-than-expected 8.2% in the July-September quarter (Q2 FY26) – the fastest pace in six quarters. Analysts attribute this to front-loading of production ahead of GST rate cuts, which boosted consumption and helped offset the impact of steep US tariffs.
“New record highs for the Nifty appear set to become the new norm, buoyed by India’s Q2 FY26 GDP print of 8.2 per cent and broad-based sectoral strength,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Global Market Context
In Asian markets, Shanghai’s SSE Composite and Hong Kong’s Hang Seng traded higher, while South Korea’s Kospi and Japan’s Nikkei 225 were lower. US markets had ended higher on Friday.
Institutional Activity & Commodities
On Friday, Foreign Institutional Investors (FIIs) were net sellers, offloading equities worth Rs 3,795.72 crore. However, Domestic Institutional Investors (DIIs) provided strong support, buying stocks worth Rs 4,148.48 crore, as per exchange data.
Meanwhile, the global oil benchmark, Brent crude, jumped 1.62% to USD 63.39 per barrel.
In the previous session on Friday, the Sensex had dipped 13.71 points (0.02%) to settle at 85,706.67, while the Nifty skidded 12.60 points (0.05%) to 26,202.95.
