The Indian stock market on Monday hit its lifetime high as IT stocks continued to rally till markets closed. With better than expected results of HCL Technologies and Wipro on Friday, Sensex crossed the 73,300 point mark for the first time.

The NSE Nifty 50 index added 0.93% to 22,097.45 points, while the S&P BSE Sensex climbed 1.05% to 73,327.94. The Nifty 50 surpassed the 22,000 level, while the Sensex breached the 73,000 mark for the first time.

IT stocks on Monday touched their highest in two years, jumping as much as 3.85% during the market session before paring gains to close 1.86% higher. Overall, the last two sessions of stock market have seen an exceptional impact from the quarterly reports of big tech and IT firms.

The index has risen 7.10% in the last two sessions, with Wipro becoming the highest gainer of the market today. Wipro shares rallied 6.26%, while HCLTech climbed 3.08%, contributing to the all-time high of Nifty and Sensex.

While Sensex closed at over 73,300 on Monday evening, the benchmark index opened at over 73,000 for the first time in its history today, while Nifty crossing the 22,000 mark during the early hours of the trade today.