Share/Stock Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) climbed around 0.75 per cent to settle at fresh record highs on Monday lead by gains in metals, information technology and banking stocks.
The S&P BSE Sensex rose 459.64 points (0.75 per cent) to end at a fresh lifetime high of 61,765.59 while the Nifty 50 climbed 138.50 points (0.76 per cent) to settle at a new all-time high of 18,477.05. Earlier in the day, The Sensex surged to a new intraday high of 61,963.07 while the broader Nifty edged past the 18,500-mark for the first time ever hitting a fresh intraday high of 18,543.15.
Infosys was the top contributor to the BSE benchmark on Monday. It was followed by ICICI Bank, ITC, Tata Consultancy Services (TCS) and Axis Bank. On the other hand, HDFC Bank, HCL Technologies, Asian Paints, Mahindra & Mahindra and Bharti Airtel were the top laggards.
Among sectoral indices on NSE, the Nifty PSU Bank surged 3.98 per cent led by Union Bank of India, Punjab National Bank (PNB) and Bank of Baroda. The Nifty Metal index rose 3.89 per cent aided by a sharp rally in Vedanta, National Aluminium Company, Hindustan Copper and Hindustan Zinc. The Nifty IT index too rose 1.57 per cent driven by gains in Infy and Tech Mahindra.
(with inputs from agencies)