Equity benchmarks started off the Diwali week at fresh record high on Monday, with the Nifty hitting 10,200 level backed by Reliance Industries and banks stocks.
The 30-share BSE Sensex was up 214.70 points at 32,647.39 and the 50-share NSE Nifty rose 61.10 points to 10,228.60. About five shares advanced for every share falling on the BSE.
ICICI Bank, Reliance Industries, Ambuja Cements, Hero Motocorp, Sun Pharma, IOC, Cipla, BPCL and HPCL were early gainers while IndusInd Bank was down.
Nifty Midcap was up 0.6 percent or 115 points in early trade on strong market breadth.
Keval Kiran Clothing, Bhansali Engineering, Avenue Supermarts, Gruh Finance, Bharat Financial, VA Tech Wabag, Ujjivan Financial, Equitas and Idea Cellular gained 2-10 percent while Jaiprakash Associates, Reliance Naval and GNA Axles fell 1-3 percent.
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