Market / Sensex ends above 51,000 for first time ever; Nifty closes above 15,000

Mumbai: The Indian equity market ended at a record high level on Monday led by strong gains in auto and metal stocks amid positive global cues. The Sensex ended 617.14 points, or 1.22 percent, higher at 51,348.77, while the Nifty gained 191.55 points, or 1.28 percent to close at 15,115.80.

Broader markets, Nifty Smallcap100 and Nifty Midcap100 supported the rally by gaining more than 1.5 percent each.

Barring Nifty PSU Bank and Nifty FMCG, all other sectoral indices ended in the green with Nifty Auto and Nifty Metal rising over 3 percent each. On the Nifty, M&M, Tata Motors, Hindalco, Shree Cement and JSW Steel were the top index gainers, while Britannia Industries, Hindustan Unilever, Kotak Mahindra Bank, Divi's Laboratories and Bajaj Finance were the top losers.