Sensex, Nifty log new closing highs on gains in IT shares

Stock Markets: Stellar run in Indian stocks continues

Benchmark Sensex rose by 443 points to close at a new record high while Nifty settled above the 24,100 mark on Monday on buying in banking and IT shares in line with gains in Asian and European markets.

The 30-share BSE Sensex rebounded by 443.46 points or 0.56 per cent to close at an all-time high of 79,476.19. During the day, the barometer soared 528.27 points or 0.66 per cent to 79,561. As many as 20 Sensex shares closed higher while 10 stocks declined.