Indices log new record highs buoyed by RIL; Sensex rises 211 points

3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high

Despite volatility in global markets, Indian benchmark indices scaled new highs on Monday aided by falling oil prices and gains in the Reliance Industries (RIL) stock.
 

The benchmark Sensex rose for the fifth successive session and ended at 62,505, a gain of 211 points or 0.3 per cent. The Nifty too rose 0.3 per cent to end the session at 18,563, a gain of 50 points. Both indices hit fresh highs on Monday. The Nifty touched 18,614.25 intraday, beating its earlier record of 18,604.5 that it hit on October 19, 2021.
 

Shares of RIL ended the session at a five-month