Shares of leading private sector lenders such as YES Bank, IndusInd Bank, HDFC Bank and Kotak Mahindra Bank and automobile stocks like Maruti Suzuki India, Eicher Motors, Bajaj Auto, Hero MotoCorp boost the Nifty50 index to hit a record high on Tuesday in intra-day trade.
These stocks, along with Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Zee Entertainment, Tata Steel, Grasim Industries, Power Grid Corporation and Gail (India) have rallied more than 25% each from their March 4, 2015 levels.