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Sensex and Nifty surged in early trade on Monday, driven by GST reform plans and S&P’s sovereign rating upgrade for India. Auto, consumer discretionary and cement stocks led gains, while select IT and infrastructure stocks lagged amid global mixed cues

Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586

While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85

The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade

The 30-share Sensex rose 23.96 points or 0.03 per cent to 72,450.60 points, with 16 constituents trading in the green. Bharti Airtel and Bajaj Finance climbed over 1 per cent.

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The 30-share BSE index was trading 36.88 points or 0.07 per cent lower at 52,445.83 in initial deals. Similarly, the broader NSE Nifty inched 5.50 points or 0.03 per cent down to 15,716.

After touching a record high of 52,235.97 during the day, the 30-share BSE Sensex ended 609.83 points up at its new closing peak of 52,154.13.

ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr Reddy's and Maruti.

The rise in domestic indices came on the back of a positive trend in the global markets along with robust Q3 earnings.

Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.

Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers

Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart

Around 10.25 a.m., Sensex was trading at 46,206.80, higher by 200.11 points or 0.43 per cent from its previous close of 46,006.69.

Meanwhile, the global oil benchmark Brent crude futures were trading 0.45 per cent lower at USD 50.68 per barrel. 

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.

In the previous session, Sensex surged 376.60 points or 0.94 per cent to finish at 40,522.10, while Nifty climbed 121.65 points or 1.03 per cent to 11,889.40.

The 30-share BSE index ended 376.60 points or 0.94 per cent higher at 40,522.10

The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.