Markets close at new highs: Sensex soars 331 points; Nifty above 11,550

Markets on Monday scaled new closing highs with the benchmark BSE Sensex rising more than 300 points and the broader NSE Nifty finishing above the 11,550-mark. Both the indices gained support from the positive global cues and some recovery in the rupee. Sensex rose 331 points or 0.87 per cent to end at a new closing high of 38,279, while Nifty ended 81 points or 0.71 per cent up at 11,552.

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