Closing bell: Nifty settles above 11,300; Sensex gains 157 points led by ICICI Bank, RIL

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 extended their record run on Monday helped by market heavyweights Reliance Industries and ICICI Bank. In intraday trade, Sensex rose 196.65 points to a new high of 37,533.50, while the Nifty 50 gained 49.75 points to an all-time high of 11,328.10. The Indian rupee weakened marginally against US dollar tracking losses in Asian currencies market. Moreover, Asian share markets edged lower, while currencies kept to familiar ranges ahead of a busy week peppered with central bank meetings, corporate results and updates on US inflation and payrolls. The US. Federal Reserve is widely expected to stand pat while reaffirming the outlook for further gradual rate rises. RBI may raise policy rates by 25 basis points on Wednesday but is expected to maintain its neutral policy stance, according to a Mint poll.
Reference By-  https://www.livemint.com/Money/iJkXLbf5gA8p8TJyGV015N/Stock-Market-LIVE-Sensex-Nifty-set-for-cautious-start-RIL.html