Sensex rose 255 points to close at record high of 31,311
Benchmark index the BSE Sensex rose by 255.17 points to close at a new record high of 31,311.57 on Monday, while the NSE Nifty reclaimed the key 9,600 level. The surge followed progress in the GST reform, expectations of reforms by SEBI, as well as RBI initiating bankruptcy proceedings against large defaulters. Tata Steel was the day's biggest gainer.