The S&P BSE Sensex breached the 37,000 mark for the first time ever, reaching a record high of 37,026.18 in intra-day trade so far. The Nifty50, too, scaled a lifetime high of 11,179.60 levels. It is trading at its highest level since January 29, 2018.
Among sectoral indices, the Nifty PSU Bank index has risen over 4% led by a rally in the shares of Syndicate Bank and Canara Bank.
Bharat Financial Inclusion, Bharti Airtel, Dr. Reddy’s Laboratories, ITC and SBI Life Insurance Company are among the companies that could announce their June 2018 quarter earnings later today.