Sensex rallies over 500 points ahead of GDP data; Nifty ends above 15,550

A steady decline in daily COVID-19 caseload also strengthened investor sentiment, brokers said. The 30-share BSE Sensex ended 514.56 points or 1.00 percent higher at 51,937.44, and the broader NSE Nifty surged 147.15 points or 0.95 percent to its fresh closing record of 15,582.80.

Equity benchmark Sensex rallied around 515 points on Monday while the NSE Nifty closed at a fresh peak, led by gains in RIL, ICICI Bank and HDFC Bank amid a mixed trend in global markets. A steady decline in daily COVID-19 caseload also strengthened investor sentiment, brokers said. The 30-share BSE Sensex ended 514.56 points or 1.00 percent higher at 51,937.44, and the broader NSE Nifty surged 147.15 points or 0.95 percent to its fresh closing record of 15,582.80.