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On Tuesday, bulls woke up late afternoon and helped the benchmarks hit fresh record highs. After a sluggish start to the day, the Nifty gained momentum and closed at 11,356.50, forming a bullish candle on the daily charts.
Market sentiment remained upbeat from the second half of the trading session after the government sought Parliament's approval for additional gross additional expenditure of Rs 11,697.92 crore for the current fiscal.
Some support also came in on reports that corporate India’s Business Optimism Index for the July-September quarter registered an 11.7 percent increase over last year.
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