Sensex Climbs Above 52,000; Nifty At 15,280

(RTTNews) - Indian shares scaled fresh record highs on Monday on the back of positive global cues on optimism over growth and earnings recovery.

The benchmark S&P BSE Sensex surged 455 points, or 0.9 percent, to 52,001, while the broader NSE Nifty index was up 117 points, or 0.8 percent, to 15,280.

Banks led the surge, with Axis Bank, Kotak Mahindra Bank, HDFC Bank, SBI and IndusInd Bank climbing 2-3 percent.

On the flip side, Tech Mahindra and ONGC lost around 1 percent.

Fuel retailers BPCL, HPCL and IOC were narrowly mixed after revising prices of LPG cylinders.