The benchmark Sensex resumed the day on positive note at 20,970.07 , gaining 167.42 points from its previous close of 20,812.65 and soon after hit a record high at 21,077.53. Meanwhile, Nifty index at National Stock Exchange (NSE) surged to hit a fresh all-time high at 6,357.10, gained 88 points from its previous close of 6,279.10, in the early trade.
However, both the benchmark indices Sensex and Nifty swung between positive and negative gaps on bouts of alternative buying and selling of stocks in the mid-morning trade.
Consumer durable, telecom, IT, FMCG and capital goods stocks were at gaining side. Reliance Industries moved towards higher edge in the early trade. Asian markets were mixed today.
The BSE Mid-Cap index was up 1.24 per cent and BSE Small-Cap index was up by 1.76 per cent. The market breadth was strong on BSE with 1877 shares advancing as compared to 758 that declined and 44 remained unchanged. Except few, all the stocks from Sensex pack were in green.
Frontliner stocks, Reliance Industries was trading marginally up, while ICICI Bank fell due to profit booking on account of yesterday's gain by the investors. Reliance Communications was up 2.61 per cent, HDFC Bank up by 2.6 per cent, Bharti Airtel was at gain of 2.18 per cent and Mahindra&Mahindra was up 1.9 per cent.
Consumer Durables stocks were in green as Videocon Industries was up 4.17 per cent to Rs 758, Titan Industries was up 2 per cent to Rs 1,700 and Blue Star was up 2.98 per cent to Rs 538.