Sensex Surges Once Again, Crosses Record 67,000 Points

Equity benchmark indices Sensex and Nifty continue their record-breaking surge for fifth day on Wednesday, rallying all-time high levels as US stocks gained overnight. Meanwhile, Asia's stock markets remained mixed on Wednesday.

The 30-share BSE Sensex jumped 294.26 points to 67,089 in morning trade till 9:57 am. Meanwhile, NSE Nifty jumped 86.05 points 19,835.30 till 9:58 am. Nifty Bank gained 181.5 points to 45,592.35 in early trade and Nifty Midcap surged 179 points to 36,770 on Wednesday.

From the Sensex pack, shares of NTPC, IndusInd Bank, Infosys, Sun Pharma, and Power Grid Corp emerged as the top gainers. Shares of M&M, Bharti Airtel, Maruti Suzuki declined in morning trade.

Stock markets witnessed gain in Japan, South Korea, and Australia. Markets in the US closed near session highs on Tuesday, as results from Bank of America Corp. and Morgan Stanley bolstered bank shares and a rally in equities linked to artificial intelligence resumed, according to a CNBC report. China equities witnessed decline amid growth worries.

Japan's Nikkei surged over 1% to hit its two-week peak. Overnight the S&P 500 rallied 0.7% to scale a three-month high, with results pushing bank shares. Futures remained flat in Asia.

Brent crude oil futures reamained steady at $79.64 a barrel after rising overnight.