Sensex at all-time high, goes beyond 36,800 mark, Nifty touches 11,134.95

The domestic equity markets started Tuesday's trade on a strong note with the BSE Sensex going beyond the 36,800 mark for the first time ever, Nifty50 touched 11, 134.95 mark. In just few minutes, Sensex was at 36,816.53 level, with a gain of 97.93 pointswhile Nifty was at 11,115.50, up 30.75 points.

Among the major gainers on Nifty were Bharat Petroleum, UltraTech Cement, Infosys, YES Bank and Tech Mahindra. In Tuesday's session, most of the sectorial indices opened in green. IT and infrastructure firms registered major gains. Midcaps, meanwhile, have opened higher, with the index rising around 0.20 percent.

On Monday, strong gains were registered in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki also helped the index touch record levels.

"Reducing GST rates and positive cues from ongoing result season supported the market," Vinod Nair, Head of Research, Geojit Financial Services Ltd, said.

"Consumption-oriented sector inched higher in expectation of improvement in margin and volume growth on account of lower GST rates. Subsequently, inflation is likely to moderate which will refrain RBI from further tightening," he said further.

Banking stocks ICICI Bank, SBI, IndusInd Bank, Axis Bank and Kotak Mahindra rose after lenders entered into a pact with financial institutions to fast-track resolution of stressed assets of Rs 50 crore or more which are under consortium lending.

The GST Council on Saturday cut rates on over 100 items, including footwear, refrigerator, washing machine and small screen TV, while exempting the widely demanded sanitary napkins from the levy. The revised tax rates will come into effect from July 27.

Trading sentiment was also upbeat after the no-confidence motion was comfortably defeated in the Lok Sabha on Friday, brokers said.Vedanta Ltd hogged the limelight by surging 4.42 per cent, followed by Adani Ports at 3.83 per cent.

ICICI Bank

State Bank of India

Infosys Technologies Limited

Bharat Petroleum