Equity benchmark Sensex rose by over 500 points to a lifetime high of 52,059 in the opening trade on Monday. The rally was led by index-heavyweights HDFC, HDFC Bank, Kotak Bank and ICICI Bank. 

The 30-share BSE index was trading 515.40 points or 1% higher at 52,059.70 amid positive trends in the global markets.

Similarly, the broader NSE Nifty was quoting 135.90 points or 0.90% up at 15,299.20. It touched a record of 15,314.30 in early trade.

IndusInd Bank was the top gainer in the Sensex pack, rising around 2%, followed by Axis Bank, HDFC, ICICI Bank, HDFC Bank, Kotak Bank and SBI.

On the other hand, ONGC, Tech Mahindra, NTPC, Sun Pharma and TCS were among the laggards.