Tepid earnings not in sync with stock prices, valuations
Sensex scaled an all-time high of 31,355.42, breaking its previous record of 31,332.56
Good build-up was seen in 9400 to 9600 put options on Wednesday
Nifty , Bank Nifty ,Power Grid, Hind Unilever
The BSE Sensex gained 0.3% to close at 31,109.28
But debate over market valuations persists