Sensex rebounds to lifetime high as energy & utility stocks shine

The benchmark NSE Nifty gained 89.2 points or 0.35 per cent to hit a new intra-day high of 25,445.70

Equity benchmark index Sensex rebounded nearly 100 points to hit a lifetime closing high on Monday, while the broader Nifty ended just shy of its record peak, propelled by bargain hunting in energy, utility and banking stocks amid sustained foreign fund inflows.

The 30-share BSE Sensex climbed 97.84 points or 0.12 per cent to settle at a new record peak of 82,988.78. During the day, it jumped 293.4 points or 0.35 per cent to hit a fresh lifetime intra-day high of 83,184.34.

The NSE Nifty rose 27.25 points or 0.11 per cent to settle at 25,383.75, over 5 points lower than its previous record.