An evening walk down Dalal Street

Driven by positive global cues as well as a good start to earnings season, backed by TCS, pushed the markets to fresh records on Thursday. Investors looked to cash in on the bullish momentum as buying was visible across sectors. Having said that, the Street closed off the day's high points.

The Sensex slipped over 100 points after notching record high.The Nifty, meanwhile, managed to cross 11,000-mark for the first time since February 1 and maintained the momentum through the afternoon. It closed above the psychological 11K-mark.

At the close of market hours, the Sensex ended up 282.48 points or 0.78% at 36548.41, while the Nifty was up 74.90 points or 0.68% at 11023.20.

The 50-share index is less than 2% away from its previous record high of 11,171.50.

In the broader markets, Nifty Midcap Index remained in the red for most part of the session.

A key milestone that helped indices on Thursday was a huge surge in the shares of Reliance Industries. The stock reclaimed its m-cap level of USD 100 billion after 2008 with its current m-cap now standing at Rs 6.83 lakh crore.

HDFC Twins (HDFC Bank and HDFC) and RIL were the top contributors to Nifty's gain, while the top losers were Infosys, Vedanta and M&M. HDFC Bank, ICICI & IndusInd contributed nearly 135 points to Nifty Bank gain.