Over 2,600 points up! Sensex, Nifty surge to record highs
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On Monday, Indian equity benchmark indices, Nifty 50 and Sensex, opened at record highs. The Nifty rose by 3.5% or 800 points to reach 23,337, while the Sensex surged by 3.55% or over 2,600 points to hit 76,583.points. Nifty Bank also opened above 50,000 for the first time ever post after exit polls suggested a return for the PM Narendra Modi-led NDA government. In the currency market, the Indian rupee opened stronger against the US dollar.