Indian stocks market benchmark BSE Sensex opened with a massive gap-up of over 1000 points in early trade on Friday to touch its fresh lifetime high of 25,045.65 points.

Another index NSE Nifty soared to hit new all-time high of 7, 459.40 points, in opening trade today, on sustained fund inflows after trends suggesting that Bharatiya Janata Party was leading in 150 out of 285 seats in vote counting.

The 30-share index, which had gained over 90 points to close at record-high Thursday, zoomed to hit an all-time high of 25,014.85 by climbing 1,109.25 points, or 4.64 per cent.

All the sectoral indices, led by banking and consumer durables, were trading in the positive territory with gains up to eight per cent.

Brokers said continued buying by foreign funds as well as retail investors driven by reports that the BJP was leading in 150 out of 285 seats lifted the key indices to new highs.

Besides, appreciating rupee which soared to a fresh 10-month high of 58.88 against the U.S. dollar also had a positive impact, they said.

Among the 30-Sensex stocks, SBI, HDFC Bank and ICICI Bank, were the top performers during the initial trade with the banking index leading among the 13 BSE sectoral indices. It was up by 7.78 percent to 17,554.70.

Recent exit polls by most TV channels and statistics institution show BJP-led political coaliation will get majority to form a pro-business government to be headed by its PM candidate Narendra Modi.