Indian benchmark indices continued their record run for a second consecutive session on June 26, with Nifty crossing 23,850 for the first time ever led by banks and heavyweights.

At close, the Sensex was up 620.73 points or 0.80 percent at 78,674.25, and the Nifty was up 147.50 points or 0.62 percent at 23,868.80.

BSE Sensex and Nfity50 indices hit new record highs of 78,759.40 and 23,889.90, respectively.

The Nifty Bank index also hit a fresh record high as it went closer to 53,000.

After a muted start, the market remained flat for the first couple of hours, however, gathered strength in the afternoon trade and touched fresh record highs amid buying seen in the bank, oil & gas and FMCG names.

Biggest gainers on the Nifty included Reliance Industries, UltraTech Cement, Bharti Airtel, ICICI Bank and Grasim Industries, while losers were Apollo Hospitals, Bajaj Auto, M&M, Tata Steel and Hindalco Industries.

Among sectors, bank, oil & gas, telecom, media and FMCG were up 0.3-2 percent, while auto, metal and realty fell 0.7-1.5 percent.

The BSE midcap index was down 0.30 percent while the smallcap index ended on a flat note.

Nearly 300 stocks touched their 52-week high on the BSE including Reliance Industries, Bharti Airtel, ICICI Bank, Axis Bank, Grasim Industries, Shriram Finance, Vodafone Idea, Biocon, LIC Housing Finance, Shriram Finance, Indian Hotels, Honeywell Automation, Samvardhana Motherson International, L&T Finance, among other.