Some stocks failed to perform in Thursday's session even as the broader markets hit record high as the early trends count showed Narendra Modi-led NDA winning with a majority.

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Frontline indices Sensex and Nifty hit record highs, with Nifty topping 12,000 and Sensex crossing 40,000 for the first time. The BSE Sensex gained as much as 1,015 points to hit a new high of 40,125 surpassing the previous high of 39,571.73 hit on May 21. Meanwhile, Nifty also surged 303 points to hit a record high of 12,041, surpassing the previous high of 11,883, hit on May 21.

While majority stocks rose, 6 stocks in the 30-share and 11 stocks in the Nifty50 index were in the red. ITC, Vedanta, HDFC Bank, Tata Motors, Bajaj Auto, Sun Pharma were the top losers on the indices.

Meanwhile, in the Nifty500 index, Merck, ITD Cementation, Heritage Foods, Solar Industries, Symphony, and Eris Lifesciences tumbled up to 9 percent in intra-day deals.

TCNS Clothing, Dr. Lal Pathlabs, Caplin Point Labs, Page Industries, Orient Electric, and Finolex Cables were also trading lower during the day.

Meanwhile, among gainers, Bank of Baroda, Adani Ports, GMR Infrastructure, Indian Bank, and Dish Tv gained between 6-8 percent.

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