New Delhi, July 13 -- The Indian stock market trimmed most of its initial gains on Monday in a largely volatile trade session.

The BSE Sensex, which surged as much as 429 points to cross the 37,000-mark, ended just 99.36 points or 0.27 points higher at 36,693.69.

It had opened at 36,880.66 and touched an intra-day high of 37,024.20 and a low of 36,533.96 points.

The Nifty50 on the National Stock Exchange (NSE) closed at 10,802.70, higher by 34.65 points or 0.32 per cent from its previous close.

Among the stocks, RIL continued its bull run as it touched a new high of Rs 1,947 per share and also became the first Indian company with a market capitalisation of over Rs 12 lakh crore.

At the end of the day's trade, RIL's market cap was at ov...