Bull run enters sixth day, takes Sensex above 51K

The Sen sex closed above 51,000 points f or the first time while the Nifty smashed past the 15,100mark on Monday as the post-Budget rally continued for the sixth session amid strong corporate results and robust foreign fund inflows.

A persistently bullish trend in global markets further bolstered risk appetite, traders said.

After touching a lifetime high of 51,523.38 during the day, the 30- share BSE Sensex ended 617.14 points or 1.22 percent higher at its record c losing peak of 51,348.77.

Similarly, the broader NSE Nifty surged 191.55 points or 1.28 per cent to its lifetime c losing high of 15,115.80.

It touched an intra-day record of 15,159.90.

Investor wealth climbed by near ly Rs 2 .50 lakh crore, with the market capitalisation of all BSE-listed companies reaching Rs 202.82 lakh crore.

Mahindra and Mahindra (M& M) was the top gain er in the Sensex pack, soaring 7.23 percent, followed by Bajaj Finserv , Bhar ti Airtel, PowerGrid, Infosys and ICICI Bank.

On the other hand, HUL, Kotak Bank, Bajaj Finance, ITC, Bajaj Auto a md Sun Pharma closed in the red, dropping up to 1.43 per cent.

"Strong global cues supported the domestic rally. PSU Banks, which was on a bull run paused today with some correction noticeable in fast moving consumer goods companies.