Indian stock indices Sensex and Nifty hit fresh highs on Monday, extending positive momentum from the first week of the new financial year.

Indian stock indices hit fresh highs on Monday, with Sensex at 74,487.41 points and Nifty at 22,571.60 points, extending positive momentum from the first week of the new financial year. US stocks also finished higher after a strong jobs report. Investors will be closely watching India's retail inflation data for March and heat wave alerts from the weather bureau for further market cues.