Market Update: HDFC Bank Hits Record High As Bank Nifty outperforms; SBI, Vedanta Up 1-3%, RIL, Maruti most Active

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HDFC Bank, Bombay Dyeing, Balkrishna Industries, Mahindra & Mahindra and Shriram Transport Finance were some of the stocks that hit new 52-week high.The Indian benchmark indices started on a negative note with the Sensex cracking over 600 points but recovered majorly and was up 100 points on Monday morning on the back of Gujarat and Himachal Pradesh poll results which are currently underway.

The Nifty was up over 34 points while the Sensex gained 100 points.

Bank Nifty was up close to 1 percent led by State Bank of India, HDFC Bank, ICICI Bank and Punjab National Bank.

Nifty IT was in the red as HCL Tech, Tech Mahindra and Tata Consultancy Services were the top losers.

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