January 22, 2018 / 7:12 AM / 6 months ago

Sensex, Nifty clock all-time closing highs; Reliance Industries gains

(Reuters) - Indian shares hit record closing highs on Monday for a fourth straight session led by Reliance Industries, while Oil and Natural Gas Corp gained after a deal to buy a majority stake in a state-run refiner.

Indian stock brokers keep watch on the key Sensex share index graph in a brokerage firm in Mumbai, May 13, 2004. REUTERS/Punit Paranjpe/Files

The broader NSE Nifty closed up 0.66 percent at 10,966.20 while the benchmark BSE Sensex ended 0.81 percent higher at 35,798.01.

Reliance rose as much as 4.6 percent to a record, while ONGC gained as much as 6.3 percent after its deal to buy a 51.1 percent stake in Hindustan Petroleum Corp Ltd.

Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Gopakumar Warrier

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