The benchmark equity indexes Sensex and Nifty nudged higher to reach career highs on Tuesday, aided by significant buying in market heavyweights ICICI Bank, HDFC Bank, and Infosys amid a robust trend in global stocks.

Moreover, additional foreign cash inflows strengthened market confidence, merchants added.

In a range-bound day, the Sensex and Nifty finished at fresh closing all-time highs on strong demand for real estate, consumer durable, and utilities companies.

The 30-share BSE Sensex rose for the fourth straight day, climbing 308.37 points or 0.40 percent to a record closing high of 77,301.14.

During the day, it gained 374 points, or 0.48 percent, to reach a new lifetime high of 77,366.77.

The NSE Nifty rose by 92.30 points, or 0.39 percent, to a record closing high of 23,557.90. During the session, it gained 113.45 points, or 0.48 percent, to set a new all-time high of 23,579.05.

Fitch Ratings upped India's GDP outlook for the current fiscal year to 7.2% from 7.1% in March, citing a rebound in consumer spending and more investment.

The top gainers among the 30 Sensex firms were Power Grid, Wipro, ICICI Bank, Titan, Mahindra & Mahindra, Axis Bank, HDFC Bank, Infosys, JSW Steel, and State Bank of India.

In contrast, the laggards included Maruti, UltraTech Cement, Tata Steel, Tata Motors, ITC, and Tata Consultancy Services.

In Asian markets, Seoul, Tokyo, and Shanghai closed higher, while Hong Kong closed lower. Foreign Institutional Investors (FIIs) purchased securities worth Rs 2,175.86 crore on Friday, according to exchange data.

Global oil benchmark Brent crude fell 0.27 percent to $84.02 a barrel.