The Sensex hit a record high in trade, crossing it's earlier level of 40,312 that it hit on the 4th of June. The Nifty is also trading close to it's previous high.
Gains were broad based but the shining star was SBI, surging on good quarterly results. Other key gainers include Infy and Wipro from the IT pack and Tata Motors.
The midcaps are also taking part in the rally today.