Sensex and Nifty consolidated on early gains on Monday as both the indices ended on record highs gaining over 1 per cent each. The 30-share BSE Sensex closed at 31,715.64 up by 355.01 points( 1.13 per cent), while the broader 50-share NSE Nifty ended at 9,763.05, gaining 97.25 points (1.01 per cent).
The indices set record high more than once during the day as the 30-share BSE Sensex hit all-time high of 31,768.39, gaining a whopping 407.76 points while the broader NSE Nifty touched the peak point of 9,772.20, rising by 52.90 points. The startling spike in the markets is mainly on the back of global cues with most of the European markets opening on a strong positive note for the day.
Stock markets saw another major happening when trading was halted in the NSE or National Stock Exchange due to "technical glitch". "Due to technical reasons in the cash market, trading has been stopped in cash and F&O (futures and options) segment of the NSE," the exchange said. However, at 12:30 pm, trade finally resumed after being shut for almost the entire morning session.
Bharti Airtel stocks ended gaining more than 5 per cent with TCS, Wipro and Coal India being the other major gainers. Reliance Industries Limited hit 52-week high during the day.
Mahindra and Mahindra, HDFC and ITC lost moderately on an otherwise encouraging day for investors.
Market breadth was solidly positive on both the indices.
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