Equity Benchmarks Have Clocked Fresh Record Highs On Monday Morning

Equity benchmarks have clocked fresh record highs on Monday morning, with the Nifty hitting 11,300 for the first time, while the Sensex is also well above 37,400-mark.

The Sensex is up 92.84 points or 0.25% at 37429.69, and the Nifty up 21.10 points or 0.19% at 11299.50. The market breadth is positive as 434 shares advanced, against a decline of 123 shares declined, while 55 shares were unchanged.

Banks are the big gainers of this morning, with PSU banks seeing a big surge, led by Bank of Baroda. ICICI Bank is trading strong post its June quarter results as well. The midcap index is up around quarter of a percent. Meanwhile, the Bank Nifty has also hit a fresh record high.

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