Axis Bank, Power Grid, Adani Ports, and L&T are among the most active equities today's top gainers and losers.

The stock market closes higher for the seventh day in a row, as the Nifty index sets a new all-time high of 20,081.55. Market optimism is anticipated to persist.

Stock market news: On Monday, the major domestic indices recorded their sixth straight day of gains in a bullish market. In intraday trade, the Nifty reached its most recent record high of 20,081.15 points. On July 20 of this year, Nifty reached an all-time high of 19,991.85. Thus it scaled a new record in 36 sessions.

According to analysts, the G20 Delhi Declaration and India's diplomatic achievements acted as a catalyst for a bullish market sentiment, and the trend is expected to continue. More importantly, the anticipated India-Middle East-Europe Corridor and the admission of the African Union in the G20 have positive market and economic ramifications.

The Nifty ended the day up 176.40 points, or 0.89 percent, at 19,996.35, while the Sensex finished the day up 528.17 points, or 0.79 percent, at 67,127.08.

The top gainers on the Nifty 50 index included Adani Ports and Special Economic Zone Ltd (up 7.10%), Adani Enterprises Ltd (up 3.68%), Axis Bank Ltd (up 2.32%), Apollo Hospital Enterprises Ltd (up 2.19%), and Power Grid Corporation of India Ltd (up 2.18%). Among the underperformers today were Coal India Ltd (down 1.15%), Bajaj Finance Ltd (down 0.28%), Oil & Natural Gas Corporation Ltd (down 0.27%), and Larsen & Toubro Ltd (down 0.18).