NEW DELHI: Equity markets erased some gains from the morning session, yet finished on a strong note as Sensex and Nifty scaled new heights once again.
30-share BSE Sensex closed at 37,691.89, up 135.73 points while the broader 50-share NSE Nifty finished 26.30 points above previous closing mark at 11,387.10. Both the indices gained in excess of 0.30 per cent.
Earlier in the day, both the gauges hit fresh all-time highs with Sensex touching 37,805.25 and Nifty breaching the 11,400-mark first time in history. In mid-day trade, the Street lost some steam.
The Nifty PSU Bank sub-index once again led the rally, gaining 2.60 per cent even as pharma and FMCG sub-indices lost 1 per cent and 0.65 per cent respectively.
Axis Bank, SBI, ICICI Bank and Bharti Airtel stocks gained more than 3 per cent each during the day.