Sensex, Nifty end at record highs

Market benchmarks Sensex and Nifty ended at fresh lifetime highs on Monday, propelled by gains in Infosys amid positive domestic and global cues.

After rallying nearly 300 points to its record intra-day high of 41,899.63, the 30-share BSE index settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 per cent.

Likewise, the broader Nifty scaled its lifetime (intra-day) high of 12,337.75, before ending at 72.75 points, or 0.59 per cent, higher at 12,329.55 -- its new closing peak.

Both indices were driven by Infosys, that rallied 4.76 per cent, after the IT services major on Friday reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December quarter.

IndusInd Bank, Bharti Airtel, HUL, M&M, Tata Steel, PowerGrid and Tech Mahindra too ended with gains on the BSE.