Equity benchmarks indices scaled fresh peaks on Monday led by gains in RIL, Bajaj Finance, Tata Steel and HDFC twins.
BSE Sensex rallied 145.29 points or 0.26% to a new closing high of 55,582.58. It also hit a record intra-day high of 55,680.75.
Likewise, the NSE Nifty advanced 33.95 points or 0.21% to a fresh closing peak of 16,563.05. During the day, it scaled a fresh peak of 16,589.40.
Tata Steel, rallying about 4%, was the top Sensex gainer, followed by Bajaj Finance, M&M, Bajaj Finserv and Reliance Industries. Maruti, Bajaj Auto, PowerGrid ad UltraTech Cement were among the top laggards.
Among sectoral indices, BSE metal, energy, oil and gas, FMCG and finance indices rose up to 1.8%, while telecom, auto, capital goods and power indices dropped nearly 1%.
Broader midcap and smallcap indices underperformed the benchmark, declining up to 0.57 per cent.
In Asia, stock markets in Hong Kong, Tokyo and Seoul ended with losses, while Shanghai was positive. Equities in Europe were also trading on a negative note in mid-session deals.
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