*Representational Picture Courtesy ndtv.com
The market has boomed, indicates benchmarks Sensex and Nifty.
Both these benchmarks ended at fresh lifetime highs on Monday. It was generated by gains in Infosys amid positive domestic and global cues.
As it is, it rallied almost 300 points to its record day- high of 41,899.63. So the 30-share BSE index settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 percent.
No wonder why the broader Nifty touched its lifetime (intra-day) high of 12,337.75, before ending at 72.75 points, or 0.59 percent, higher at 12,329.55 -- its new closing peak.
India's top news agency PTI report said;"Both indices were driven by Infosys, that rallied 4.76 percent after the IT services major on Friday reported a 23.7 percent rise in consolidated net profit at Rs 4,466 crore for the December quarter."
The same report added that IndusInd Bank, Bharti Airtel, HUL, M&M, Tata Steel, PowerGrid and Tech Mahindra too ended with gains on the BSE.
However, giants such as TCS, SBI, Bajaj Auto, ICICI Bank, RIL, Axis Bank and Nestle India finished in the red.