Nifty's new high misses 25,000 by a whisker

India's equity benchmarks achieved new highs on Monday, with the Nifty closing just below the 25,000 mark at 24,836.10. Sensex also reached record levels before ending at 81,355.84. Initial gains were pared by selling pressure. Investors remain cautious as they await the US Federal Reserve's meeting later this week.