Equity benchmarks started off the session with yet another record high on Thursday, with the Sensex gaining nearly 200 points and the Nifty inching towards 9,900 level on hopes of rate cut after fall in retail inflation and on positive global cues.
The 30-share BSE Sensex was up 189.99 points at 31,994.81 and the 50-share NSE Nifty rose 56.50 points to 9,872.60 on strong breadth.
About five shares advanced for every share falling on the BSE. Vedanta, Tata Steel, Tata Motors, SBI, Infosys and GAIL were early gainers.
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