Indian share prices rose 0.83 percent to close at a sixth-straight record high on Monday on Asian market trends and fund buying in banks, software companies and Reliance Industries, dealers said.
They said India's largest private company, Reliance Industries, rose to an all-time-high ahead of the listing of its new subsidiary, Reliance Petroleum, this week.
The benchmark 30-share Sensex index rose to an intra-day high of 12,511.07 before retracing to close 102.77 points up to 12,462.47.
"Overseas fund buying was seen in sectors which were underperformers in recent times. Housing finance and banking stocks surged on expectation of higher growth in the real estate sector," said Atul Hatwar, a dealer with brokerage Crosseas Securities.
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