MSCI's broadest index of Asia-Pacific shares outside Japan (stock market futures) swung 0.80 percent higher to an all-time peak following a slow start.


Domestic stock markets continued a record-breaking spree on Monday, with the  (stock market futures)  S&P BSE Sensex index trading above the 48,000 mark for the first time ever, tracking record highs in Asian equities as investors pinned their hope on vaccines to eventually deliver a global economic upturn. 

The Sensex jumped 299.24 points, or 0.63 percent, to an all-time high of48,168.22 in early deals and the broader NSE Nifty 50 benchmark soared to as high as  (stock market futures)   14,107.75, climbing up 89.25 points, or 0.64 percent, from its previous close. Gains across sectors, led by banking, financial services, automobile and IT shares, supported the markets.

1. At 9:22 am, the Sensex traded 238.18 points, or 0.50 per cent, higher at  48,107.16 while the Nifty was up 80.25 points, or 0.57 per cent, at 14,098.75. 

2. Tata Motors, GAIL, Tata Steel, Eicher Motors and ONGC, trading between 1.82 percent and 3.11 percent higher, were the top percentage gainers in the Nifty basket of 50 shares.

3. On the other hand, Reliance Industries, Hero MotoCorp and Asian Paints - down 0.44 percent, 0.31 percent and 0.11 percent respectively - were the only laggards in the index.

4. Tata Consultancy Services, Infosys, ICICI Bank and HDFC Bank were the biggest contributors to the gain in Sensex.

5. Analysts awaited corporate earnings for near-term cues. IT bellwether Tata  (stock market futures) Consultancy Services is scheduled to report its financial results on Friday, January 8.  

6. Asian markets rose, with MSCI's broadest index of Asia-Pacific shares outside  (stock market futures)  Japan swinging 0.80 percent higher to an all-time peak following a slow start.