Reliance and ICICI Bank drive the over 1% increase in the Sensex and Nifty

Following vigorous purchasing in index heavyweights Reliance Industries and ICICI Bank, equity benchmark indexes increased by around 1% to re-enter the 59,000-point level on Monday.

The BSE benchmark increased 442.65 points or 0.75 percent, closing at 59,245.98. It increased by 504.92 points, or 0.85 percent, to 59,308.25 during the trading day.

The NSE Nifty increased 126.35 points, or 0.72 percent, to 17,665.80.