Indices led by IT, FMCG, and Metal stocks are at record highs in the afternoon session.
BSE Sensex is currently 54,589.53 up 219.76 points or 0.40%.
Nifty50 is currently 16,311.80 up 53.00 points or 0.33%. Nifty Bank is trading down 0.23% at 35,944.50 while Mid-cap Index is down by 0.19%.
Bharti Airtel, Eicher Motors, ITC, Tech Mahindra, and HCL Tech are the top gainers. State Bank of India, IndusInd Bank, Bajaj Finance, UPL, and Bajaj Finserv are the top losers.
Nifty IT, FMCG, and Metal stocks drive the market rally. Nifty PSU Bank, Realty and Media stocks drag.
Out of 50 stocks traded on the NSE, 21 advanced, and 29 declined.