An evening walk down Dalal Street

Another day and another record high for the market! D-Street began the week on an extremely strong note, with benchmark indices clocking fresh records and ending at all-time closing highs as well. The Nifty has managed to scale above 11,300 for the first time and has closed above it.

The day began on a record high note, backed by a surge in index heavyweights such as ICICI Bank, State Bank of India as well as Bank of Baroda. A surge in midcaps too boosted the sentiment on D-Street.

However, there was a blip during the session; the indices had turned negative in the interim. But a recovery across most sectors ensured that the markets ended on a good note.

The Sensex was up 157.55 points or 0.42% at 37494.40, while the Nifty ended up 41.10 points or 0.36% at 11319.50. The market breadth is narrow as 1,622 shares advanced, against a decline of 1,021 shares, while 188 shares were unchanged.

Among sectors, PSU banks led the charts, with gains of over 4 percent, along with pharma, metals, energy and auto names. The Nifty midcap index closed 0.11 percent higher.

Bharti Airtel and ICICI Bank are the top gainers, while Infosys, HDFC Bank and HCL Tech were the top losers.