Share/Stock Market Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) surged over 1 per cent to end at fresh record highs on Monday amid positive cues in the global market.
The S&P BSE Sensex surged 765.04 points (1.36 per cent) to end at a record closing high of 56,889.76. During the day, the BSE benchmark had rallied to an intraday lifetime high of 56,958.27.
Likewise, the Nifty 50 climbed 225.85 points (1.35 per cent) to end at an all-time high of 16,931.05. The NSE barometer had earlier breached the 16,900-mark for the first time ever to touch a record high of 16,951.50.
Both the benchmarks had opened at record highs earlier in the day and extended their gains as the day progressed.
The gains in the BSE benchmark on Monday were led by Bharti Airtel, Tata Steel, Axis Bank, Titan Company, Maruti Suzuki India and Bajaj Finance. On the other hand, Tech Mahindra, Nestle India, Infosys and Tata Consultancy Services (TCS) were the laggards.
Among the sectoral indices on NSE, the Nifty Metal index surged 2.47 per cent led by Tata Steel, Coal India and National Aluminium Company. The key Bank Nifty climbed 2.02 per cent aided by The Federal Bank, RBL Bank and Axis Bank.
In the broader market, the S&P BSE MidCap ended at 23,656.38, up 400.99 points (1.72 per cent), the S&P BSE SmallCap settled at 26,690.28, up 406.13 points (1.55 per cent).
(with inputs from agencies)