By 9:30, the Sensex was higher by 175 points at 28,618 whereas the Nifty gained by 88 points at 8,625. Sensex and Nifty have hit the fresh record high of 28,809 and 8,627, respectively.

The stock opened at Rs 2,165 and hit a low of Rs 2,139 on NSE. A combined 188,234 shares have changed hands on the counter till 0916 hours on BSE and NSE.

Domestic sales during the month stood at 100,024 units, up 17% from 85,510 units in November previous year, Maruti Suzuki India said in a statement.

At 9:35AM, the 30-share Sensex was up 64 points at 28,758 and the 50-share Nifty was up 20 points at 8,609.

Measured in terms of total market capitalisation of all listed companies on the country’s biggest bourse BSE, the overall investor wealth in the Indian stock market rose to Rs 100.01 lakh crore in early morning trade at 1005 hours as benchmark Sensex soared by over 300 points in its continuing record rally.

Experts said investor sentiment and valuations had hit rock-bottom last year due to weak domestic macro fundamentals. A subsequent improvement in investor sentiment and return of risk appetite had aided the market across the board.

ICICI Bank scrip up 1.9% to Rs 1,766 on BSE, taking its market value to Rs 2,04,395 crore at 1121 hours, the BSE data shows. The bank is at the ninth positions in overall market capitalization (m-cap) ranking.

On October 10, 2014 the board of directors of Infosys had recommended a bonus issue of one equity share for every equity share held.

The bank has fixed record date as December 05, 2014 for the purpose of ascertaining the eligible shareholders who would be entitled to receive 5 equity shares of nominal value of Rs 2 each in lieu of 1 equity share of nominal value of Rs 10 each of the bank, ICICI Bank said in a statement.

At 1008 hours, shares of SBI gained 2.2% to Rs 304 on BSE, taking its market value to Rs 226,734 crore, making it the overall sixth most valued company.