The Indian fairness benchmarks superior to new report highs on Monday pushed by beneficial properties in Reliance Industries, Hindustan Unilever, Larsen & Toubro, Infosys, Axis Bank, ICICI Bank and Bharti Airtel. The Sensex rose as a lot as 350 factors to hit report excessive of 58,480.20 and Nifty 50 index touched an all-time excessive of 17,421.55. Strong development in different Asian markets additionally boosted the bullish sentiment amongst traders. Asian shares edged larger on Monday as a disappointing US payrolls report promised to maintain coverage there super-loose for longer, but in addition clouded the outlook for world progress and inflation.
As of 9:23 am, Sensex was up 282 factors at 58,412 and Nifty 50 index was up 83 factors at 17,405.