In a significant development, the Sensex breached the 73,000 mark for the first time to hit a fresh record peak in early trade on Monday. On the other hand, Nifty has gone past the 22,000 level. 

The 30-share BSE Sensex jumped 720.33 points to reach an all-time peak of 73,288.78 in early trade. The Nifty also breached the 22,000 milestone, climbing 187.4 points to reach a lifetime high of 22,081.95.

Sustaining the positive momentum observed since the opening, Indian benchmark indices, the Sensex and the Nifty, posted a record close on Monday led by Reliance and the IT pack. The surpassed the 22,000 mark for the first time ever and Sensex closed above the 73,000.

Among the Nifty companies, reflecting a predominantly bullish sentiment, Wipro, ONGC, HCL Technologies, Tech Mahindra, and Apollo Hospitals emerged as some of the top gainers, contributing to the positive trend.
Conversely, HDFC Life, Bajaj Finance, Tata Consumer Products, Hindalco, and Eicher Motors found themselves among the top losers.
Varun Aggarwal, founder and managing director, Profit Idea, said, "The National Stock Exchange's (NSE) Nifty witnessed a noteworthy ascent as the GIFT Nifty traded higher by 8.50 points or 0.26%, settling at 22,052. This upward movement signals a potentially positive or moderate start for Dalal Street on Monday".
He added, "The surge was particularly fueled by a robust rally in information technology stocks, propelling the Sensex to a historic high of 72,721 before closing at 72,568, marking an increase of 847 points or 1.18%. Simultaneously, the Nifty reached 21,895, up 247 points or 1.14%."
Sector-wise, the Nifty IT index exhibited remarkable strength with a surge of 5.27%, followed by the Nifty PSU Bank index at 2.7%, and the Nifty Realty at 1.6%.