The Indian market continues to clock new all-time highs supported by outperformance in banking and auto stocks. At around 11.05 am, Sensex was trading at 44,396.50 up 319.35 points or 0.72% and Nifty was trading at 13,021.10 higher by 94.65 points or 0.73%.
In early trade, Sensex has recorded a fresh 52-week high of 44,499.62 and Nifty 50 a record high of 13,048.75.
BSE Bankex was trading at 33,971.39 up 624.51 points or 1.87%. The index has touched the day's high of 34,055.25.
On Bankex, top gainers were -
RBL Bank (+5%), followed by HDFC Bank (+3%) and Axis Bank (+2.4%). Kotak Bank,
ICICI Bank, SBI, Bandhan Bank and City Union Bank also gained between 1-2%.
While BSE Auto was performing at 20,116.87 higher by 360.67 points or 1.83%. The index has also touched the day's high of 20,165.35. Here, top gainers were -
Eicher Motors (+4%), Maruti Suzuki (+3%) and M&M (+2.5%).
Tata Motors, Bosch, Hero MotoCorp, Exide Industries, Cummins India,
Bajaj Auto and Amara Raja Batteries advanced between 1-2%. Ashok Leyland gained marginally.
BSE Capital Goods, BSE Realty, BSE FMCG, BSE Finance and BSE Industrials also lifted the benchmarks as these sectoral indices have recorded nearly 1% gain.
Tracking positive domestic equities, the Indian rupee was trading stronger against the greenback at the interbank forex market. The local currency was currently performing at 73.95 against the dollar index.
The rupee opened 13 paise higher at 73.96 per dollar, compared to the previous closing of 74.09 per dollar.