Stock market today: Indian equity benchmarks opened in the green on Monday, extending their positive momentum from last week amid upbeat global cues.
At 9:37 am, the BSE Sensex was up 94.83 points (0.12%) at 81,302.00, while the Nifty 50 gained 28.85 points (0.12%) to trade at 24,923.10.
Earlier on Friday, both indices had ended higher for the second straight session, supported by strong buying in metal stocks and positive global sentiment.
The Nifty 50 had advanced 57.95 points (0.23%) to close at 24,894.25, while the Sensex climbed 223.86 points (0.28%) to finish at 81,207.17, after swinging between 80,649.57 and 81,251.99 during the session.
In Asia, Japan's Nikkei 225 index jumped over 4%, hitting a record high after the ruling Liberal Democratic Party elected Sanae Takaichi, an ultra-conservative and close ally of late leader Shinzo Abe, as its new head, positioning her to become Japan’s first female prime minister.
The Nikkei closed 3.9% higher at 47,566.84, briefly crossing the 46,000 mark for the first time ever.
Elsewhere in the region, Hong Kong's Hang Seng slipped marginally by 0.1% to 27,119.36, while Australia’s S&P/ASX 200 was largely flat at 8,984.70. Markets in China, South Korea, and Taiwan remained closed for holidays.