TECHNICAL VIEW ON NIFTY Sensex ends above 35,000 for first time, Nifty hits 10,800; banks, IT lead. Nifty PSU Bank index gained nearly 2 percent and IT index rallied 1 percent. Benchmark indices continued to hit fresh record highs on Wednesday ahead of corporate earnings and Union Budget. The 30-share BSE Sensex was up 310.77 points at 35,081.82 and the 50-share NSE Nifty rose 88 points to 10,788.50, driven by banks and IT stocks.The market breadth was balanced as about 1,451 shares advanced against 1,446 declining shares on the BSE.