The benchmark indices settled at record closing highs with the Nifty50 touching its crucial 10,500 in the last leg of trade, but ended below that mark.
Broader indices the S&P BSE Midcap and the S&P BSE Smallcap indices also hit their respective closing highs.
The Nifty IT (up 1%) and The Nifty PSU Bank (up 1.5%) were the leading sectoral gainers.
Overseas, European markets were trading lower, but Asian markets edged up on new data pointing to steady growth in the US economy. The third-quarter data showed that the US economy grew at its fastest pace in more than two years, powered by robust business spending.
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