New Delhi, April 21 -- The Indian stock market rallied on Monday, extending its bull run for the fifth consecutive session, led by heavy buying in banks, IT, energy and auto stocks. The benchmark Sensex jumped more than 600 points, while the Nifty 50 surpassed the 24,000 level. Rally in banking stocks fuelled the Bank Nifty index to hit record highs.

Sensex jumped 707 points to an intraday high of 79,260.64, while the Nifty 50 gained 210 points to a high of 24,061.45. Bank Nifty index surged 1,000 points to hit a record high of 55,291.05.

(This is a developing story. More to come.)

Published by HT Digital Content Services with permission from MINT....