Markets end higher led by Reliance

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Markets gained for the fifth straight session on Monday amid encouraging first quarter earnings from index heavyweights Reliance Industries and HDFC.

The 30-share Sensex gained 73 points to end the session at 25,715 and the Nifty added 20 points to close at 7,684.

Foreign institutional investors (FIIs) who have pumped over $12 billion (Rs 70,276 crore) in Indian equities year-till-date (YTD).

The Indian rupee on Monday ended slightly weaker than its previous close on steep dollar demand from oil marketing companies at the fag-end of the market hours.The rupee closed at 60.31 to a dollar, the same as its opening level, but 0.03% lower than its Friday’s close of 60.29 a dollar.