New Delhi: The markets opened on positive note on the first day F&O expiry week of May series.
The wide-based National Stock Exchange's Nifty hit an all-time high of 4,295.60 points in early trade on Monday on sustained buying of heavyweight stocks by funds.
The index was up by 47.45 points to hit the new record in the first five minutes of trading. It had reached an intra-day high of 4,291.40 points on May 23.
The BSE-30 share index, Sensex, which had gained three points in the previous trading session, was up by 188.29 points, or 1.31 per cent, at 14,527.47 points.
Broad based buying was witnessed in the markets during the opening trade and the market breadth was impressive.
Stockbrokers said firming global markets mainly triggered buying in heavy-weight stocks by foreign as well as domestic funds on the bourses here.
All the key sectoral indices were in the positive zone with sizeable gains, contributing support to the Sensex.
The cues from the Asian markets were also strong.
Japan's Nikkei surged 0.68 per cent or 118.22 points at 17,599.43, Hong Kong's Hang Seng advanced 0.32 per cent or 66.32 points at 20,586.98, Singapore's Straits Times rose 0.34 per cent or 11.98 points at 3,498.61, Taiwan's Taiwan Weighted was up 0.08 per cent or 6.17 points at 8,166.14 and South Korea's Seoul Composite gained 0.38 per cent or 6.23 points at 1,650.79.
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