Equity benchmarks extended their rally on Monday, with the Sensex jumping over 693 points in early trade, aided by heavy buying in index majors Reliance Industries and Infosys amid a firm trend in Asian equities.

The 30-share BSE Sensex rallied 693.56 points to 55,578.22 in early trade. The broader NSE Nifty jumped 213.75 points to 16,566.20.

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From the Sensex pack, Infosys, Titan, HCL Technologies, Larsen & Toubro, Reliance Industries, UltraTech Cement, Wipro, TCS and HDFC were the major gainers in early trade. In contrast, Dr Reddy’s was the only laggard from the 30-share pack.