NEW DELHI: Both Indian indices- sensex and Nifty- surged to new all-time highs on Monday, driven by Reliance Industries, a heavyweight in the index, as the company prepared to demerge its financial services unit. HDFC Bank also bolstered the financial sector after reporting strong results for the June quarter.
The benchmark index BSE sensex surged by 529.03 points or 0.80%, closing at a new all-time high of 66,589.93. Throughout the day, it reached a peak of 66,656.20, gaining 595.31 points or 0.90%.
