Nifty hits record high, Sensex gains 1%; Infra, banks rally

The Nifty hits at record high, up 50.55 points or 0.6 percent at 7842.25. 

The Nifty crosses previous high of 7840.95 hit on July 25. 

The Sensex gains 172.89 points or 0.6 percent at 26276.12. About 1747 shares have advanced, 895 shares declined, and 103 shares are unchanged. 

 Capital Goods index jumped over 2 percent while auto and banks supported the rally.

 Only IT and FNCG indices are in red. Even midcap and smallcaps are flexing muscles with oever 1 percent gains each.