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Sensex surges 260 points to hit fresh record in early trade; Nifty hovers around 17,400

The 30-share Sensex was trading 260.26 points or 0.45 per cent higher at 58,390.21, and Nifty advanced 75.75 points or 0.44 per cent to 17,399.35 in initial deals

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Photo used for representational purpose. Pic/iStock

Photo used for representational purpose. Pic/iStock

Equity benchmark Sensex jumped over 260 points in early trade to scale a fresh lifetime high of 58,390.21 on Monday, tracking gains in index majors Reliance Industries, Bajaj Auto and L&T amid a largely positive trend in global markets.

Similarly, the broader NSE Nifty too surged more than 75 points to record 17,399.35 in the opening session.

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