The Sensex on Monday crossed the 52,000-mark for the first time amid huge investments by foreign portfolio investors (FPIs) in global equity markets.
The 30-share index gained 609 points, or 1.2 per cent, to end the session at 52,154. The Nifty50 rose 151 points, or 1 per cent, to end the session at 15,314. So far this month, both benchmark gauges have rallied close to 13 per cent, supported by sustained FPI flows.
Overseas investors bought shares worth Rs 1,234 crore on Monday, taking their month-to-date buying tally past the Rs 20,000 crore. The unprecedented foreign inflows into the equity markets is