Sensex, Nifty end at record highs as bank stocks rally

Benchmark indices ended at record highs due to gains in Bharti Airtel and bank stocks.

Indian shares ended at record highs on Monday, led by gains in telecom firm Bharti Airtel and bank stocks, with sentiment also supported by cautious U.S. Federal Reserve signals on winding down stimulus. The blue-chip NSE Nifty 50 index ended 1.35% higher to 16,931.05, its sixth straight session of gains, and the benchmark S&P BSE Sensex rose 1.36% to 56,889.76. Both indexes clocked their best session in nearly a month.