The Indian equity indices started the week on a strong note, finishing higher for the sixth consecutive session on November 17 with Nifty closing above 26,000 mark.

Despite mixed global cues, the market opened higher and extended the gains as the day progressed, helping Nifty to cross 26,000 mark amid buying across the sectors and progress in India-US trade negotiations.

At close, the Sensex was up 388.17 points or 0.46 percent at 84,950.95, and the Nifty was up 103.40 points or 0.40 percent at 26,013.45.

Broader indices have outperformed the main indices with Nifty Midcap hitting fresh record high of 61,211.05, while Nifty smallcap index rose 0.52 percent.

Nifty Bank index ended 0.76 percent higher at 58,962.70 after hitting fresh record high of 59,001.55, intraday.

Bajaj Auto, Tata Consumer, Eicher Motors, Max Healthcare, Maruti Suzuki were among major gainers on the Nifty, while losers were TMPV, Adani Enterprises, Jio Financial, Interglobe Aviation, UltraTech Cement.

All the other sectoral indices ended in the green with auto, bank, realty, capital goods, consumer durables, PSU Bank up 0.5-1%.

In stock-specific action, TruAlt Bioenergy shares gained 2%, while Websol Energy System shares slipped 4% on signing MoU with APEDB, Ashoka Buildcon shares fell 5% post Q2 profit declines 83%, GMR Power share price added 7% after Q2 profit surges 248%, Narayana Hrudayala shares surged 15% on better Q2 earnings.

V2 Retail shares jumped 1.4% on reporting profit in Q2, IRB Infrastructure Developers shares rose nearly 4% after arm wins LoA from NHAI, Kotak Mahindra Bank shares added 1.2% as board to consider stock split this week, ideaForge Technology shares added 8% on order win worth Rs 32 crore, Alembic Pharmaceuticals shares rose nearly 5% on USFDA approval for Diltiazem Hydrochloride tablets,

More than 170 stocks touched their 52-week high on the BSE, including Hero MotoCorp, Marico, City Union Bank, Canara Bank, Indian Bank, Asahi India, Laurus Labs, PNB, UPL, BPCL, MCX India, Bank of India, SBI, Can Fin Homes, Muthoot Finance, Navin Fluorine, Star Health, Asian Paints, among others.