The Indian stock market traded higher on Monday with the benchmark Nifty 50 index hitting a fresh record high level in early trade, led by positive global market cues. The BSE Sensex hit an all-time high of 73,994.7 on March 2, while the NSE Nifty 50 scaled its record high of 22,440.90 today. The Nifty Midcap 100 index gained 0.2%, while the Nifty Smallcap 100 was down over half a percent.