INDICES END SESSION AT LIFETIME HIGHS AS RIL, IT STOCKS LEAD CHARGE

The benchmark indices moved higher to fresh lifetime peaks for the third straight session on Monday, riding on robust gains in Reliance Industries and IT stocks amid a firm trend overseas. The Sensex rose 166.96 points, or 0.29 per cent, to its new closing record of 58,296.91, while the Nifty closed at 17,377.80, up 54.20 points.

Equity indices ticked higher to fresh lifetime peaks for the third straight session on Monday, riding on robust gains in Reliance Industries and IT stocks amid a firm trend overseas.

The Sensex advanced 166.96 points or 0.29 per cent to its new closing record of 58,296.91. It touched an all-time high of 58,515.85 during the session.

Similarly, the broader Nifty climbed 54.20 points or 0.31 per cent to its fresh lifetime peak of 17,377.80. During the session, it touched a record 17,429.55.

HCL Tech was the top gainer in the Sensex pack, spurting 2.17 per cent, followed by Infosys, Reliance Industries, Tech Mahindra, Bajaj Auto, M&M, and HUL. On the other hand, Indusind Bank, Kotak Mahindra Bank, Power Grid, Sun Pharma, Asian Paints, Titan, and ITC were among the laggards, skidding up to 1.13 per cent.