Nifty Near Record High, Sensex Around 37K; PSU Banks Up 4%

The Indian benchmark indices are hovering near their record highs after hitting the milestone in the morning trade. The major contributors is PSU bank index which surged over 4%.

SBI, ICICI Bank, Tata Motors, Bharti Airtel, ONGC are the top gainer on the Sensex. Midcaps outperformed the benchmark indices with 0.5 percent gain.

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