Despite a poor trend in global markets, the Sensex rose more than 500 points in early trade on Monday due to widespread buying. The 30-share Sensex was trading 511.54 points, or 0.83 percent, higher at 61,817.49 after reaching an all-time high of 61,894.33 in early trades. Likewise, the Nifty rose 157.40 points, or 0.86 percent, to 18,495.95. In early trading, it reached a new intra-day high of 18,521.10.

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The biggest gainer in the Sensex pack was Infosys, which rose more than 2%, followed by Tata Steel, HDFC Bank, ICICI Bank, Titan, and IndusInd Bank. On the other hand Asian Paints, Bajaj Auto, Dr. Reddy’s, and HCL Tech were trading at a loss in early trades.

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The 30-share index closed 568.90 points, or 0.94 percent, higher at 61,305.95 on Thursday, while the Nifty climbed 176.80 points, or 0.97 percent, to a new historic closing high of 18,338.55.

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According to exchange statistics, foreign institutional investors (FIIs) were net purchasers in the capital market, purchasing shares worth Rs 1,681.60 crore. Due to ‘Dussehra,’ the market was closed on Friday. Elsewhere in Asia, bourses in Hong Kong, Shanghai, and Tokyo were down in mid-session trade, while Seoul was up.

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Meanwhile, Brent crude, the international oil benchmark, climbed 1.07 percent to USD 85.77 per barrel. Indian rupee edges lower by 2 paise at 75.28 against US dollar in opening trade.