Closing Bell: Sensex Reaches All-Time High; Nifty Exceeds 24k

Equities Benchmark indices Sensex and Nifty closed higher on Monday, driven by positive trends in Asian markets and buying in blue-chip stocks.

The 30-share BSE Sensex climbed 443.46 points, or 0.56 percent, to 79,195.63, an all-time high. The Nifty jumped 112.75 points, or 0.46 percent, to a record high of 24,123.35.

The Nifty Bank soared 172.95 points, or 0.33 percent, to 52,515.20.

RECL, Ambuja Cements, Samvardhana Motherson, Power Finance Corp, Tech Mahindra, HAL, Wipro, Vedanta, Bajaj Finance, Siemens, Grasim Industries, UltraTech Cement, TCS, ICICI Prudential, Shree Cement and Dabur India were the top gainers.

Among the laggards were NTPC, JIO Financial Serv., Varun Beverages, Pidilite Industries, Tata Power, Bank of Baroda, IRFC, Canara Bank, Adani Total Gas, SBI, Eicher Motors, Dr Reddy Labs, and Apollo Hospitals.

In Asian markets, Singapore, Indonesia, Thailand, Tokyo, Hong Kong, Taiwan, South Korea, Malaysia, and Shanghai closed in positive territory, while Thailand ended in negative territory.

US markets closed lower on Friday.

European stocks were trading higher.

Brent crude gained 0.52 percent to USD 85.44 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 23.09 crore on Friday.

On Friday, the Sensex dipped 210.45 points or 0.27 percent to 79,032.73, while the Nifty sank 33.90 points or 0.14 percent to 24,010.60.

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