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Markets hits new All-time, Nifty rises 12071-level

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The Equity benchmark indices went higher during the afternoon session on Monday to break all time high levels. The BSE Sensex was at 40,214, up by 527pts, while NSE Nifty50 was at 12,071, up by 148 pts at 2.55pm.

Among the major gainers on the Nifty50 were HeroMoto Corp up 5.44%, followed by Bajaj-Auto, Asian Paint, Indiadbulls, Asian Paints and IOC up by close by 2.90% to 3.73% in range. Among the top losers on the index were TechMahindra, Gail, ITC L&T and ICICI Bank

Sectorally, all sectors except Nifty Media, were witnessing buying pressure. Nifty Bank was at 31,406.05, up by 262 points or 0.84%, while Nifty Pharma was up by 1%. Nifty Metal, Auto, FMCG and IT were all up over 1% each.