Benchmark indices hit fresh record highs in the morning trade on Tuesday with investors optimistic on upcoming corporate earnings for the final quarter of 2018-19.
In sectoral indices, private banks led the gains followed by FMCG and financial services.
ICICI Bank, Reliance Industries, Larsen & Toubro, Tata Consultancy Services and ITC were the major contributors.
On Monday, the Indian Meteorological Department forecast near-normal rains for the monsoon season, lifting worries over the possibility of below-normal rainfall.
The US-China trade dispute is showing signs of progress but a slowdown in global corporate earnings and bleak investment climate have put pressure on risk assets.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)