In early trade on Tuesday, the Sensex surged over 400 points to break above the 62,000-point barrier, tracking advances in index heavyweights HDFC Bank, L&T, and Reliance Industries amid a favorable trend in global markets. In early trading, the 30-share index reached an all-time high of 62,159.78, extending its record-breaking run. It was up 357.88 points, or 0.58 percent, at 62,123.47. Likewise, the Nifty rose 101.05 points, or 0.55 percent, to 18,578.10. In early trading, it reached a new intra-day high of 18,604.45.

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L&T led the Sensex pack with a 3 percent rise, followed by Tech Mahindra, HCL Tech, HUL, Axis Bank, and Bharti Airtel. On the other hand, ITC, UltraTech Cement, Titan, PowerGrid, and Kotak Bank were among the laggards.

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The 30-share index finished the previous session 459.64 points or 0.75 percent higher at its new closing record of 61,765.59, and the Nifty climbed 138.50 points or 0.76 percent to its all-time closing high of 18,477.05.

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According to exchange statistics, foreign institutional investors (FIIs) were net purchasers in the capital market on Monday, purchasing shares worth Rs 512.44 crore.

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In other Asian markets, bourses in Hong Kong, Shanghai, Seoul, and Tokyo were trading higher in mid-session trades. Wall Street stock markets closed the overnight session mainly strongly as well. Meanwhile, Brent crude, the international oil standard, dropped 0.05 percent to USD 84.29 per barrel.