The benchmark indices began the week on a good note as the BSE Sensex and the National Stock Exchange Nifty ended Monday’s session by scaling new highs on the back of an increase in foreign fund inflows. The 30-share index closed over 286 points up at 35,798.01 while Nifty50 rallied 71.50 points to end at 10,966.20, ending on a high for the fourth consecutive session.

The BSE index had touched an all-time intra-day high of 35,827 points and the NSE too had surged to 10,975.10 points – an all-time high in Nifty50’s intra-day session.

Foreign portfolio investors bought shares worth Rs 988.25 crore, PTI reported, adding that domestic institutional investors bought shares worth Rs 209.86 crore in the previous session.

Reliance Industries was the top gainer on both the Sensex and Nifty in morning trade after posting better-than-expected earnings in the third quarter of 2017-’18. Among the indices on Sensex, Information Technology gained the most on Monday while other sub-indices, except metal and public sector unit banks, ended higher.

The top performer on the NSE was Tata Consultancy Services, which surged 4.66%, while it gained more than 5.3% on the Sensex. The stocks of Reliance Industries, Axis Bank and ONGC were the top gainers on both the bourses. Bharat Heavy Electricals Limited gained over 7% on Sensex while Indiabulls Housing Finance surged 4.62% on Nifty50.

Hindustan Petroleum was the worst performer on Nifty, going down 3.32%, followed by Gail (-2.42%), Wipro (-2.05%), HDFC (-1.84%) and BPCL (-1.61%). Meanwhile, the stocks of Wipro dragged 2.33% on Sensex, followed by Tata Motors (-2.05%), Bharti Airtel (-1.56%) and Asian Paints (-1.40%).

Other major Asian markets also had a good day. The Taiwan TSEC 50 index closed over 80 points higher, Japan’s Nikkei ended eight points higher, and the Shanghai index gained over 13 points. The Hong Kong Hang Seng closed over 138 points up.