Sensex, Nifty Marching Toward Record, Markets Gain Over 150 Points In Early Trade

Equity benchmark indices Sensex and Nifty opened with gains on Monday As Asian markets began the week cautiously. The 30-share BSE index gained 165.76 points or 0.26% to 63,552.61. Meanwhile, the NSE Nifty rallied 42 points or 0.22% in morning trade till 9:24 am to 18,865.20.

Shares of Larsen & Toubro Ltd, Bajaj Finserv, and Titan Company emerged as top gainers in morning trade with the gain of over 1% from the pack of BSE.

Meanwhile, Indian rupee opened flat at 81.95 against US Dollar on June 19. Earlier, it closed at 81.94 on Friday.

Earlier, on Friday, Sensex and Nifty closed at fresh lifetime highs following gains in banking, financial and capital goods stocks amid a firm trend in the global market. BSE index zoomed 466.95 points or 0.74% to settle at a record closing high of 63,384.58.

S&P 500 futures and Nasdaq futures remained largely flat after Wall Street's bullish run met resistance on Friday. Cash U.S. Treasuries were untraded due to the Juneteenth holiday, while futures were largely steady, according to Reuters.

In Asia, Japan's Nikkei fell 0.4%, having clinched a three-decade top on Friday, buoyed by the Bank of Japan's (BOJ) leaving its ultra-easy policy setting unchanged, which sent the yen to a 7-month low against the U.S. dollar, added the Reuters report.