Markets scale new peak, Sensex ends at 38,279

Mumbai: Indian equities continued their bull run on Monday, helping both benchmarks Sensex and Nifty hit new closing highs of 38,278 and 11,552, respectively, on hectic buying mainly in capital goods, metal and auto shares. Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week. Besides, falling crude prices in global markets and the rupee rebounding from its historic low against the dollar also lent support. pti