Another day of record highs on Dalal street; Sensex above 65k, Nifty above 19,300

Benchmark equity indices continued their rally on Monday, with the BSE Sensex ending above the 65,000 mark for the first time ever, propelled by a rally in global equities and persistent foreign fund inflows.

Hectic buying in index majors Reliance Industries, ITC and HDFC twins also added to the market momentum, traders said.

Rallying for the fourth straight session, the 30-share BSE Sensex jumped 486.49 points or 0.75 per cent to settle at its all-time closing high of 65,205.05. During the day, it rallied 581.79 points or 0.89 per cent to its lifetime intra-day high of 65,300.35.

The NSE Nifty climbed 133.50 points or 0.70 per cent to end at a record high of 19,322.55. In intra-day trade, the benchmark zoomed 156.05 points or 0.81 per cent to hit its all-time intra-day peak of 19,345.10.

Market benchmarks settled at record highs for the third straight session on Monday.

Reliance Industries was the top gainer in the Sensex chart, rising 2.53 per cent, followed by ITC, Bajaj Finance, State Bank of India, HDFC, UltraTech Cement, NTPC, HDFC Bank, Mahindra & Mahindra, Tata Steel, Bajaj Finserv and ICICI Bank.

In contrast, Power Grid, Maruti, Larsen & Toubro, Tata Consultancy Services, Tech Mahindra, Nestle and Tata Motors were among the laggards, skidding up to 1.86 per cent.