Sensex, Nifty end at new all-time high for third day amid vaccine optimism

The benchmark indices advanced for the fifth straight day on Monday, led by gains in consumer goods and banking stocks amid optimism around the progress in Covid vaccines. Both Sensex and Nifty ended at a new all-time high for the third day. The Sensex rose 347 points, or 0.77 per cent, to end at 45,427, while the Nifty gained 97 points, or 0.73 per cent, to close at 13,356. HDFC, Hindustan Unilever, ICICI Bank and ITC made bigger contributions to index gains. HDFC Bank and Kotak Mahindra Bank were the biggest drags.

“We expect the domestic market to remain strong, backed