New Delhi: Indian equity benchmark Sensex hit 52,000 for the first time on Monday after having hit 51,000 for the first time on February 15.
Banks led the surge, with Axis Bank, Kotak Mahindra Bank, HDFC Bank, SBI and Induslnd Bank climbing around 2-3 per cent.
Meanwhile, Nifty also surged to record 15,300. The Nifty sectoral indices were trading higher, led by Nifty Bank, Nifty Financial Services, Nifty Private Bank and Nifty Realty indices hit fresh 52-week highs.
In the broader markets, the S&P BSE MidCap and SmallCap indices were up half a per cent, each.