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. 

While the Sensex touched an all-time high of 38,340 breaching the previous peak of 38,076 reached on August 9, Nifty crossed the 11,500 mark for the first time ever to hit a new high of 11,565 level.  Nifty's previous record high stood at 11,495 points reached on August 9.

The Sensex and Nifty closed higher taking cues from global markets which rose on news China was preparing to resume trade discussions with the US, the first negotiations in more than a month. While the Sensex closed 284 points higher at 37,947, Nifty logged a gain of 85 points to end at a record high of 11,470 level,.Top Sensex gainers were YES Bank (3.76%), Vedanta Ltd (3.09%), and SBI (3.02%). Of 30 Sensex stocks, 20 ended in the green. Top Sensex losers were Hero MotoCorp (1.14%), ONGC (0.61%), and Maruti (0.58%). Money and bond markets were closed today on account of Parsi new year. Midcaps and small cap stocks contributed to the gains with the BSE midcap index rising 0.88% or 142 points to 16,306 and small cap index gaining 0.94%  or 156 points to 16,866 level. Banking, metal and consumer durables stocks led the charge with their BSE indices rising 398 points, 216 points and 194 points, respectively.  Market breadth was positive with 1631 stocks closing higher compared to 1075 stocks falling on the BSE. 156 stocks were unchanged.

Top Sensex gainers were YES Bank (3.76%), Vedanta Ltd (3.09%), and SBI (3.02%). Of 30 Sensex stocks, 20 ended in the green.  Top Sensex losers were Hero MotoCorp (1.14%), ONGC (0.61%), and Maruti (0.58%).

Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. The Sensex rose 137 points to close above the 38,000-mark for the first time, while the broader Nifty too ended at a fresh lifetime high on unabated buying by participants.

The Sensex rose 137 points to close above the 38,000-mark for the first time, while the broader Nifty too ended at a fresh lifetime high on unabated buying by participants.While, the Sensex closed at 38,024.37, breaking its previous record close of 37,887 reached yesterday, Nifty rose 20 points to close at 11,470-- surpassing its previous high of 11,450 level.ICICI Bank was the top Sensex gainer, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.The index has taken 11 sessions to scale the 38,000 mark from 37,000 level reached on July 26.Banking stocks led the rally with the BSE bankex rising 415 points or 1.32% to 32,003 level. Bank Nifty too rose 0.92% to 28,320 level. Bharti Airtel (4.64%), ONGC (1.75%) and Kotak Mahindra Bank (0.98%) were the top Sensex losers. On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 568.63 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 30.25 crore yesterday, provisional data showed.

CAG questions their decision to allocate CSR funds for construction of the world's tallest statue.

Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The market closed at record highs today powered by a surge in banking and consumer durables stocks. While the Sensex closed  221 points or 0.59% higher at 37,887, the Nifty gained 60 points to close at 11,450 level.

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.

The market closed at record highs today powered by a surge in banking and consumer durables stocks. While the Sensex closed 221 points or 0.59% higher at 37,887, the Nifty gained 60 points to close at 11,450 level. 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 in trade today. Other Sensex gainers were ONGC (2.87%), ICICI Bank (1.63%) and SBI (1.53%).  Banking stocks led the charge with the Bank Nifty closing above 28,000 level for first time. BSE bankex too rose 245 points or 0.78% to close at 31587 level. Consumer goods stocks too contributed to the rally with a 271 points or 1.25% rise in trade today. Maruti Suzuki was the top Sensex loser falling 1.99%. However, market breadth was negative with 1,315 stocks closing higher compared with 1,422 stocks falling on the BSE.

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.

PepsiCo's Indra Nooyi to step down after 12 years as CEOPepsiCo CEO Indra Nooyi will step down on October 3 after a 12-year stint at the helm of food and beverage multinational. The 62-year-old India-born executive has spent 24 years at PepsiCo. The company announced that its Board of Directors has unanimously elected Ramon Laguarta to succeed Nooyi as Chief Executive Officer.Jet Airways releases salaries to employees, decides against pay cutCornered by protesting employees and unflattering media reports over the past week, the country's second largest airline Jet Airways has reportedly scrapped plans to trim its operating costs through salary cuts.Dunkin' Donuts shuts more than half of its stores in India in 2 yearsJubilant FoodWorks Ltd (JFL) the franchisee partner of popular fast food chains like Domino's Pizza has shut down more than half of its Dunkin' Donuts stores across the country in the last two years. According to people in the know it is now focussing more on smaller stores and kiosks to cut its losses. Jubilant FoodWorks confirmed the development and said that they have already brought down their losses to half in the June quarter.Android Pie is official; best features that will make it to your smartphoneFive months after the launch of Android P, the new operating system has been finally made official as Android Pie. The stable build of the operating system is available to Pixel devices and is expected to make it to other phones running on Android P Program and Android One.Govt to invite fresh bids for 100 per cent stake sale in Pawan HansWill the government get third-time lucky in its attempt to sell off Pawan Hans? The Department of Disinvestment and Public Asset Management (DIPAM) has floated the offer to sell government's 51 per cent stake in the profit-making helicopter services provider twice in the past year. And now, after Oil and Natural Gas Corp's (ONGC) board recently approved divesting its entire 49 per cent stake in the entity, the government is going to issue an amended expression of interest (EoI) shortly.Antigua is ready to hand over Mehul Choksi to IndiaAntigua and Barbuda group of islands has assured the Indian government that it will consider its request to extradite Mehul Choksi, co-accused in the Rs 13,600 crore Punjab National Bank loan fraud. The development comes as a shot in the arm for Indian investigative agencies and the government who have been criticised for letting him slip out of the country.

The government will soon invite fresh bids for 100 per cent stake sale in Pawan Hans - a joint venture between the government and the country's largest oil and gas explorer - by issuing an addendum to the disinvestment document.

Major gainers include ICICI Bank, SBI, Yes Bank, Vedanta, Tata Steel, Adani Ports, Bharti Airtel, Axis Bank, Tata Motors, Infosys, Coal India, Hero Motocorp, Tata Motors, ONGC, RIL, M&M, Sun Pharma, Bajaj Auto, NTPC, TCS, ITC, L&T and Power Grid, rising up to 2.59 per cent.

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone; India plans to delay the imposition of retaliatory duties on U.S. goods, the trade ministry said on Thursday; Infosys' acquisition of US-based digital creative and consumer insights agency WongDoody Holding Company for $75 million could just be the beginning of many more deals in the pipeline; ONGC profit rises 58% in Q1 to Rs 61.4 bn on higher net realisation.

Apple becomes first publicly listed US firm to hit $1 trillion stock market valuationApple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone. The iphone transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. India likely to postpone raising tariffs on U.S. goodsIndia plans to delay the imposition of retaliatory duties on U.S. goods, the trade ministry said on Thursday, to allow time to resolve disputes that worsened after President Donald Trump imposed tariff hikes on steel and aluminium. Trade differences between India and the United States have been rising since Trump took office Infosys CEO Salil Parekh bets on company's robust balance sheet to plan big acquisitionsInfosys' acquisition of US-based digital creative and consumer insights agency WongDoody Holding Company for $75 million could just be the beginning of many more deals in the pipeline - the company reportedly sees acquisitions as a key element in the three-year roadmap laid out by CEO Salil Parekh.ONGC profit rises 58% in Q1 to Rs 61.4 bn on higher net realisationState-run Oil and Natural Gas Corporation, ONGC has posted a 58 per cent increase in net profit during the first quarter of the financial year 2018-19 to Rs 61.44 billion, compared to Rs 38.85 billion on the back of higher net realisation owing to rise in prices. The company's gross revenue for the period under review was seen 43 per cent up at Rs 272.13 billion.Reliance Jio, SBI Announce Digital Partnership For Banking, Payments And Commerce ServicesAfter the Jio Payments Bank became operational (a 70:30 JV between RIL and SBI) Jio and SBI are deepening their partnership for customers. They are trying to provide a seamless experience with exclusive digital Banking, Payments and Commerce journeys to their customers. Jio and SBI are entering into a digital partnership aimed to increase SBI's digital customer base. For the same, the companies have announced SBI YONO. SBI YONO is an omnichannel platform offering digital banking, commerce and financial superstore services to customers. YONO's digital banking features and solutions will be enabled through the MyJio platform HDFC hikes interest rates on home loans by 20 basis pointsHDFC has hiked interest rates on home loans by 20 basis points, a day after RBI raised the benchmark repo rate by 25 bps to 6.5%. As per the new rates, women borrowers can avail a home loan of upto Rs 30 lakh at 8.7% while other customers will be charged a rate of 8.75%. New rates are effective from 1st August. For loans above Rs 30 lakhs women borrowers will be charged at 8.80% while other borrowers will be charged a rate of 8.85%.

The list is topped by US giant Walmart, followed by Chinese state-owned power company, State Grid.

On November 4, 2016, the oil ministry had slapped a demand of $1.47 billion on the RIL-BP-Niko consortium for \"unfairly\" producing natural gas belonging to ONGC.

At 10:24 am, the Sensex was trading 320 points higher at 37, 305 level and the Nifty stood at 11,247, up 80 points. The BSE metal index rose to a record level of 12,497 points, up 219 points.

Extending its record run for the fourth-day, the 30-share Sensex touched a new peak of 37026.18 today on widespread buying in capital goods, FMCG, realty and banking stocks.