Cheered by positive global cues and healthy buying in index heavyweights such as Tata Steel, Axis Bank and Reliance Industries, the 30 - scrip Sensitive index (Sensex) of the BSE traded at new highs during the mid - afternoon trade session on Monday.
Besides, the wider NSE Nifty banking index touched a fresh high of 23, 806. 65 points during intra - day trade as investors' sentiments were buoyed on reports that Prime Minister Narendra Modi will review the measures taken by the RBI to resolve the non - performing assets (NPA) issue of Indian state - run banks.
The S&P BSE banking index too traded with gains of 294. 35 points or 1. 10 per cent.
Around 2. 55 p. m. , the Sensex traded at 31, 320. 72 points - - up 264. 32 points or 0. 85 per cent from its previous close at 31, 056. 40 points.
It has so far touched a high of 31, 362. 15 points and a low of 31, 163. 35 during intra - day trade.
The wider NSE Nifty rose by 71. 75 points or 0. 75 per cent to trade at 9, 659. 80 points.