Sensex opens higher; Nifty above 16,850


Equity benchmark Sensex rallied over 400 points in early trade on Monday.

After touching a lifetime high of 56,527.81 in the opening session, at 10:21 am, the 30-share index was trading 499.54 points higher at 56,624.26. Similarly, the broader NSE Nifty surged 150.75 points to 16,855.95.

Titan was the top gainer in the Sensex pack followed by Bajaj Finance, Tata Steel, M&M, Maruti, L&T, Reliance Industries and HDFC.

On the other hand, Tech Mahindra and HCL Tech were the laggards.

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