An evening walk down Dalal Street on July 26, 2018

A record high opening, clinching key milestones and turning volatile ahead of expiry of derivatives and yet manage to end at a record highs—the market had it all in a day’s trade. The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices.

The day began by Sensex hitting another record high and scaling 37,000-mark, while the Nifty managed to hit an intraday record high as well. A strong surge in PSU banks, led by a gain in Canara Bank as well as State Bank of India, led the market to fresh.

The midcap index gained over 100 points, but is still 15 percent away from the record high figure on the index.

The Sensex is up 126.41 points or 0.34% at 36984.64, while the Nifty closed up 35.30 points or 0.32% at 11167.30. The market breadth is narrow as 1,337 shares advanced, against a decline of 1,209 shares declined, while 154 shares are unchanged.

State Bank of India, Power Grid Corporation, and ICICI Bank are the top gainers, while Yes Bank and Maruti Suzuki have lost the most.