The strong buying activity by DIIs has helped market scale all-time highs this fiscal. But when it comes to Indian markets, contribution of FIIs cannot be ruled out.

The index touched 38,989.65 level, rising 93 points compared to its previous close of 38,896. Yesterday, the Sensex hit an all-time high of 38,920 level intra day. However, gains were trimmed due to profit booking with Sensex at record levels.

The Sensex has gained over 14% since the beginning of this year. The Nifty ,too, has not been far behind. The index is up 11.50% since the beginning of 2018.

The Sensex touched an all-time high of 38,736 with 29 of the 30 components trading in the green. The Nifty was just short of hitting the key 11,700 level after reaching a record high of 11,695 in trade today.

While the Sensex hit an all time high of 38,402 rising 124 points from yesterday's close, the Nifty rose 30 points to new peak of 11,581 after climbing 30 points from its previous close.

While the Sensex touchedan all-time high of 38,340 breaching the previous peak of 38,076 reached onAugust 9, Nifty crossed the 11,500 mark for the first time ever to hit a newhigh of 11,565 level. 

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The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.

Lack of FII inflows and growing oil prices are also affecting the rupee, a PSU bank official said. Foreign investors sold shares worth Rs 971.8 crore on a net basis, provisional exchange data showed.

At 1:00 pm, the Sensex was trading 128 points higher at 38,015 level. Meanwhile, the Nifty was trading 18 points higher at 11,468 level. It hit all-time high of 11,495 level in early trade. While the Sensex has gained 11.67% since the beginning of this year, Nifty rose 9% during the same period this year.

While the Sensex closed 221 points higher at 37,887, the Nifty gained 60 points to close at the 11,450 level. Market heavyweight Reliance Industries added 35 points to close at 1217.

Intra day, the Sensex hit an all-time high of 37,931 and Nifty touched 11,459 level for the first time. Market heavyweight Reliance Industries added 2.85% or 35 points to close at 1217 level . The stock touched a fresh 52 week high of 1222.

The Sensex reached a record 37,061 level, surpassing its all time high of 36,902 hit on July 24. The Nifty breached its previous record high of 11,171 level reached on January 29 earlier this year.

There are already fears of trade wars escalating to currency wars among countries.

Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.

Deepak Parekh-led financial services conglomerate HDFC group today saw the market capitalisation of its listed firms cross Rs 10 lakh crore mark, making it only the second Indian business house after Tatas to achieve this feat.

\"We are pretty bearish (on the rupee) at this moment, given all the circumstances combined. Not only high oil prices but also the trade war that has been taking off,\" Hugo Erken, senior economist at Rabobank told Reuters.