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Mumbai: Equity benchmark Sensex rose 77 points to close at its all-time high on Monday, tracking gains in index majors Reliance, Infosys and TCS amid positive cues from global markets.
The 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53.
Similarly, the broader NSE Nifty advanced 12.50 points or 0.08 per cent to its fresh record of 15,811.85.
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Reliance Industries was the top gainer in the Sensex pack, rising around 1.5 per cent, followed by Bajaj Finance, ONGC, Infosys, PowerGrid, L&T and IndusInd Bank.
On the other hand, Kotak Bank, NTPC, HDFC, Sun Pharma, Bajaj Auto and Maruti were among the laggards.
Elsewhere in Asia, bourses in Tokyo and Seoul ended on a positive note. Markets in China and Hong Kong were closed on account of a local holiday.
Equities in Europe were trading with gains in mid-session deals.
International oil benchmark Brent crude was trading 0.94 per cent higher at USD 73.37 per barrel.
Meanwhile, the rupee declined 22 paise to close at 73.29 against the US dollar.
India recorded a single-day rise of 70,421 new COVID-19 cases, the lowest in 74 days, taking the country's infection tally to 2,95,10,410, while the count of active cases fell below 10 lakhs after over two months, according to the Union Health Ministry data updated on Monday.
Rupee Falls For 5th Straight Session, Settles 22 Paise Down At 73.29/USD
The rupee declined by 22 paise to end at 73.29 (provisional) against the US currency on Monday, marking its fifth straight session of fall as rising crude oil prices weighed on investor sentiment.
At the interbank foreign exchange market, the rupee opened on a negative note at 73.21 per dollar as against its previous close of 73.07.
It hovered in the range of 73.10 to 73.29 per dollar during the day before ending at 73.29 against the American currency.
The domestic unit has lost 49 paise in the last five trading sessions.
"The Indian rupee started the week on the back foot following a stronger dollar and higher crude oil prices. The greenback earmarked the short covering and the expiry of large positions ahead of this week's FOMC meeting," said Dilip Parmar, Research Analyst, HDFC Securities.
Parmar further noted that "there are four IPOs this week, we could see inflows, which may limit the fall in rupee".
Brent crude futures, the global oil benchmark, rose 0.88 per cent to USD 73.33 per barrel.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06 per cent to 90.50.
On the domestic equity market front, the BSE Sensex ended 76.77 points, or 0.15 per cent higher at 52,551.53, while the broader NSE Nifty gained 12.50 points or 0.08 per cent to close at 15,811.85.
Foreign institutional investors were net buyers in the capital market on Friday as they purchased shares worth Rs 18.64 crore, as per exchange data.
Gold Declines Rs 464; Silver Cracks Rs 723
Gold in the national capital on Monday plunged Rs 464 to Rs 47,705 per 10 grams reflecting decline in global precious metal prices, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 48,169 per 10 gram.
Silver also declined Rs 723 to Rs 70,420 per kg, from Rs 71,143 per kg in the previous trade.
In the international market, gold was trading lower at USD 1,858 per ounce and silver was flat at USD 27.70 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel, "The yellow metal extended decline on a firm dollar. Traders and investors are awaiting fresh triggers from the US FOMC meet on Wednesday."
Motilal Oswal Financial Services Vice-President (Commodities Research) Navneet Damani said, "Gold prices slipped to more than one-week low, weighed down by a stronger dollar as focus turns to the US Federal Reserve policy meet this week."
