Market Closing: Sensex, Nifty settle at new lifetime peaks
Market Closing: Sensex, Nifty settle at new lifetime peaks
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Key benchmark index Sensex climbed over 160 points to close at its fresh lifetime highs on Monday, propelled by gains in index majors Reliance Industries and Infosys amid strong global cues and unabated foreign capital inflows.

At close, the BSE Sensex settled 166.96 points higher at 58,296.91 after having touched an intra-day record of 58,515.85. The NSE Nifty advanced 54.20 points to its new closing record of 17,377.80. During the session, it touched an all-time peak of 17,429.55.

HCL Tech was the top gainer in the Sensex pack, followed by Infosys, Reliance Industries, Tech Mahindra, Bajaj Auto, and Mahindra and Mahindra. On the other hand, IndusInd Bank, Kotak Bank Bank, Power Grid, Sun Pharma, and Asian Paints were among the losers..

Analysts said, 'During the afternoon session, markets continued to trade in the positive trajectory as traders continue to get encouragement with regular FPI inflows on the back of strong global cues and domestic economic activity.

Meanwhile, international oil benchmark Brent crude rose 0.80 percent to USD 72.03 per barrel. Foreign institutional investors were net buyers in the capital market on Friday, as they purchased shares worth Rs 768.58 crore, as per exchange data.

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