The Sensex hits a record high in the mid-session trade today at 40782-mark, up by 312 points, led by a surge in Reliance shares, while the Nifty was well above the 12-K points and trading 88 points higher 12,028 points at 12:20-hrs.

Shares of Reliance Industries Limited continued its rally to touch a new intraday high of Rs.1572.40 on Wednesday on expectations of improving prospects for its telecom biz.

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Shares of Apollo Hospitals gained over 1.5% today after brokerage firm Nomura raised target price at Rs,787 from Rs1,693 earlier, in view of potential free cash flow generation in the coming years. The stock quoting at Rs.1,419.950, up Rs.9/- from the previous closing on the NSE at 11:20-hrs.

Shares of ICICI Bank  gained near 1% intraday after brokerage firm Macquarie expressed BUY call on the stock and increased its price of target by 25-pc in view of a strong return on equity in the near future. The stock hit an intraday high and low of Rs.498 and 492.80 respectively on the NSE, and is currently quoting at Rs.496.90-per share, up by 3.40 from the previous closing.

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Shares of IRCTC gained an Intraday High at Rs.917, one day after the Company inked a concession agreement with the KSTDC. The stock, which listed in last month, has gone up 182% so far from its listing price. The Stock currently quoted at Rs909.70, up Rs.7.15, on the NSE.

Shares of NBCC (India) Ltd gained near 1% after announcing Rs.500-cr worth order for a museum project at New Delhi.