The Sensex and the Nifty today hit fresh record highs in afternoon trade. Both stocks logged modest gains amid positive cues from global equity markets. The Sensex climbed above the 56,000 mark while the Nifty was trading near the 16,700 level.
The BSE Sensex gained 134 points, or 0.24 percent, to trade at 56,093. The NSE Nifty also surged 56 points, or 0.33 percent, to trade at 16,680.
In the forex market, the rupee also weakened six paise to 74 rupees and 25 paise against the US dollar in the afternoon deals.