The 30-share Sensex scaled fresh record high of 40,816.38 in intraday trade.
Broader market stayed weak with BSE Midcap and Smallcap indices underperforming Sensex.
The gains in the stock market were led by financials, IT and auto stocks.
With earnings coming out better than expected, D-Street has one less thing to worry about.
India's service activity slowed again with October PMI coming in at 49.2.
Is it safe to assume that the bulls are back on Dalal Street?
Shankar Sharma said stock market should not influence major economic policies.
Moody’s cut India's GDP growth forecast for FY20 to 5.8% from an earlier estimate of 6.2%.
Bank stocks cracked as the rumour mill on D-St hinted at more distressed names coming out.
The euphoria seems to be high and analysts are sounding more bullish than ever before.
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