BSE Sensex, Nifty hit record high as banks extend rally

Mumbai: Nifty rose as much as 1.2 per cent on Monday to a record high,as lenders including ICICI Bank extended a recent rally on the back of strong foreign investor flows.The NSE's bank sub-index has surged around 14 per cent so far this month, outperforming the nearly 5 per cent gain in the Nifty.

Nifty rose to an all time high of 6,575.80 points, surpassing its previous all-time high hit on March 18.

The BSE Sensex also hit a record high at 22,046.58. ICICI Bank gained 2.8 per cent, while HDFC Bank rose 1.8 per cent.