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Domestic stock markets began the first session of Samvat 2077, the new year according to the Hindu calendar, at record highs in a special Muhurat trading session.

The S&P BSE Sensex index jumped 387.93 points - or 0.89 per cent - to touch an all-time high of 43,830.93 shortly after opening at a record high of 43,815.45.

The broader NSE Nifty 50 benchmark climbed to a record 12,828.70, adding 108.75 points - or 0.85 per cent - from its previous close.

Gains across sectors, led by banking, financial services, energy and IT shares, pushed the markets higher.