The BSE Sensex closed 53.07 points down at 79,996.60, falling just short of the 80,000 mark, while the NSE Nifty inched up 21.70 points to close at 24,323.85.
Among the Nifty 50 shares, 26 advanced while 24 declined in early trading. The top gainers included Cipla, Divis Lab, Bajaj Auto, Hindalco, and Hindustan Unilever.
The Nifty 50 index opened at an unprecedented 24,369 points, while the BSE Sensex began the session at an all-time high of 80,321.79 points. This bullish trend continues from the June 10 rally, after which the Sensex has surged by more than 3,000 points till date.
Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.
The Indian stock market opened at a record high with Sensex opening at 79,840.40, above 364 points or 0.46 per cent, and Nifty at 24,228.75, up 86 points or .36 per cent high.
Extending the ongoing uptrend, Indian stock indices kicked off the July-September quarter on a high. The indices Sensex and Nifty started Monday's session on a flat note, but as the day progressed both the indices accumulated decent returns for the investors.
The Nifty 50 index maintained above 24,000 levels and traded at 24,022 after a marginal gain of 14 points at the time of this report. Similarly, the BSE Sensex sustained above 79,000 and opened flat with a gain of 40 points, reaching 79,086 points.