Sensex Breaches 82,600, Nifty Crosses 25,300 As Markets Open At Record High

India's equity indices scaled new record highs today after Sensex and Nifty both rose in the last session on Friday owing to strong performances in financial and IT stocks after US economic data alleviated growth concerns. This comes as Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday. Tesla and Amazon climbed after fresh US economic data raised expectations that the Federal Reserve will cut interest rates modestly in September.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)

The Nifty 50 index opened with a gain of 97.70 points or 0.39 per cent at 25,333.60, while the BSE Sensex index began the week with a gain of 0.44 per cent or 359 points at 82,725.28 points.