Rising for the fifth consecutive session, the Sensex ended at a new high of 26,390.96, up 287.73 points or 1.1 per cent, while the Nifty closed at a record 7,874.25, up 82.55 points or 1.06 per cent. The trend in Indian markets mirrored a similar move in key Asian and European markets, largely driven by a decline in crude oil prices on hopes of easing geopolitical tensions.
Dealing room checks show strong buying by foreign institutions on Monday. Foreign portfolio investors purchased a net $80-million shares in the cash segment, showed stock market data. (With Agencies)