Sensex at record high after gaining 400 points, Nifty tops 16,800 for 1st time

Indian shares jumped to record highs on Monday, boosted by automaker and metal stocks, while broader Asian peers’ rise on Federal Reserve Chair Jerome Powell’s speech last week also aided gains. The blue-chip NSE Nifty 50 index was up 0.67% at 16,817.40 by 9:22 am and headed for its sixth straight session…