New all-time high: Nifty settles above 11,300; Sensex gains 157 points
Sensex positive
BSE Sensex closed 157.55 points up at 37,494.40, while the Nifty 50 ended 41.20 points higher at 11,319.55.
Stock markets finished at record highswith BSE Sensex ending at an all-time high near 37,500-mark and NSE Nifty closingabove 11,300 for the first time in stock market history on Monday helped by market heavyweights Reliance Industries and ICICI Bank.
BSE Sensex closed higher by 157.55 points, or 0.42%, to 37,494.40, while the Nifty 50 rose 41.20 points, or 0.37%, to close at 11,319.55.
During the day, Sensex rose 196.65 points to a new high of 37,533.50, while the Nifty 50 gained 49.75 points to an all-time high of 11,328.10.
The Indian rupee weakened marginally against US dollar tracking losses in Asian currencies market.
Moreover, Asian share markets edged lower, while currencies kept to familiar ranges ahead of a busy week peppered with central bank meetings, corporate results and updates on US inflation and payrolls.
The domestic equity markets started on a positive footing on Monday with BSE Sensex and NSE Nifty hitting respective all-time highs continuing the stock market moved up on corporate earnings optimism and positive domestic cues.