Sensex crosses 52,000 mark for first time ever

After touching a record high of 52,235.97 during the day, the 30-share BSE Sensex ended 609.83 points up at its new closing peak of 52,154.13.

Mumbai: The Sensex rallied 610 points to finish above the 52,000-mark for the first time while the Nifty soared past 15,300 on Monday as investors piled into banking and finance stocks amid a bullish trend overseas. Supportive macroeconomic data and unabated foreign fund inflows added to the momentum, traders said.

After touching a record high of 52,235.97 during the day, the 30-share BSE Sensex ended 609.83 points up at its new closing peak of 52,154.13. Similarly, the broader NSE Nifty soared 151.40 points to finish at a record 15,314.70. It touched an intra-day peak of 15,340.15.

Axis Bank led the Sensex gainers’ chart, climbing 5.88 per cent, followed by ICICI Bank, Bajaj Finance, SBI, IndusInd Bank, HDFC, Bajaj Finserv and HDFC Bank. On the other hand, Dr Reddy’s, TCS, Tech Mahindra, HUL, Asian Paints and Titan were among the laggards, sliding up to 1.77 per cent.