Domestic benchmark indices continue their upward momentum, with both indices hitting fresh highs. The BSE Sensex reached a record high of 85,525 while the Nifty-50 hit a new all-time peak of 26,113 in the afternoon session.

At 2 pm, BSE Sensex was trading up by 293 points to 85,463, and Nifty-50 was at 26,092 with a gain of 87 points. Both the indices rose around 0.3 percent.

Meanwhile, the broader market at BSE was trading low. The MidCap index and the SmallCap index lost more than half percent when the reports last came in.