Market rally continues for 5th day; Nifty hits new peak, Sensex up 281 points

News Snapshot:

Stock markets closed higher for the fifth consecutive day on Monday with the benchmark Sensex rising 281 points and Nifty scaling its fresh lifetime high driven by gains in financial and FMCG shares. The 30-share BSE Sensex rose by 281.52 points or 0.39 per cent to close at 72,708.16. As many as 17 Sensex shares advanced while 13 closed in the red. After a firm start, the index hit a high of 72,881.93 in day trade. The broader Nifty closed at its all-time high of 22,122.25 points, up by 81.55 points or 0.37 per cent from the last close. Advertisement...