Stock Market: The stock market benchmark index Sensex rebounded by nearly 100 points to hit a new all-time high on Monday, while Nifty touched an intraday record, boosted by bargain hunting in energy, utilities, and banking stocks amid inflows of foreign capital. The 30-share BSE Sensex climbed 97.84 points, or 0.12 percent, to a new high of 82,988.78. Intraday, it jumped 293.4 points, or 0.35 percent, to a fresh lifetime high of 83,184.34 points.

The NSE Nifty gained 27.25 points, or 0.11 percent, to 25,383.75. The benchmark added 89.2 points, or 0.35 percent, to a new intra-day record of 25,445.70 during the day.

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NTPC was the biggest gainer on the Sensex chart, rising 2.44 percent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra, and Tata Steel. Bajaj Finance fell over 3 percent. Hindustan Unilever,  Adani Bandar, Bajaj Finserv, and Asian Paints were other losers.

Hong Kong ended up gaining in Asian markets, while Markets in Japan, mainland China, and South Korea were closed for the holiday. There was mostly more business in the European market. U.S. markets ended in positive territory on Friday.

Foreign institutional investors bought equities worth Rs 2,364.82 crore on Friday, according to exchange data. Domestic institutional investors also bought equity worth Rs 2,532.18 crore. Brent crude, the global benchmark, rose 0.35 percent to US$71.90 a barrel. The BSE benchmark Sensex fell 71.77 points, or 0.09 percent, to 82,890.94 on Friday. The NSE Nifty fell 32.40 points, or 0.13 percent, to 25,356.50.

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