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The Bank Nifty hit a fresh record high on Thursday, climbing to 58,609.2 in early trade, up 0.57 per cent from the previous close, driven by strong buying in leading private banks. Around 11:00 am, the index was trading slightly off its peak at 58,594.4, higher by 0.55 per cent.

IndusInd Bank led the gains, surging 2.98 per cent to Rs 890.15, followed by ICICI Bank, which advanced 2 per cent to Rs 1,386.1. Axis Bank added 0.73 percent to Rs 1,230.5, while State Bank of India rose 0.55 per cent to Rs 962.4. Among other constituents, Canara Bank and Punjab National Bank posted modest gains.

The broader market sentiment remained upbeat. The BSE Sensex was up 248.6 points, or 0.3 per cent, at 84,715.1, while the Nifty 50 gained 74 points to 25,949.8. Market breadth s

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