Sensex, Nifty end at record high as India eases Covid curbs

Indian shares ended at a record high as several states started to ease lockdown restriction following a drop in daily Covid-19 cases.

Indian shares ended at a record high on Monday, buoyed by hopes that the economy would return to normal as some states eased lockdowns, with daily COVID-19 cases hitting a two-month low. The blue-chip NSE Nifty 50 index climbed 0.52% to 15,751.65 at close, and the benchmark S&P BSE Sensex added 0.44% to 52,328.51. Both the indexes rose more than 1% last week to notch their third straight weekly gain. Energy and information technology stocks also supported the Nifty 50 index, with the Nifty Energy index rising 1.85% and the Nifty IT index jumping 1.11%.