Sensex hits 52K-mark on global cues
Mumbai: The Sensex rallied 610 points to finish above the 52,000-mark for the first time while the Nifty soar past 15,300 on Monday as investors piled into banking and finance stocks amid a bullish trend overseas.
Supportive macroeconomic data and unabated foreign fund inflows added to the momentum, traders said.
After touching a record high of 52,235.97 during the day, the 30-share BSE Sensex ended 609.83 points or 1.18 per cent up at its new closing peak of 52,154.13. Similarly, the broader NSE Nifty soared 151.40 points or 1 per cent to finish at a record 15,314.70. It touched an intra-day peak of 15,340.15. Axis Bank led the Sensex gainers' chart, climbing 5.88 per cent, followed by ICICI Bank, Bajaj Finance, SBI, IndusInd Bank, HDFC, Bajaj Finserv and HDFC Bank.