Domestic stock markets rose to record levels on Wednesday tracking strength in global peers on optimism about an end to the long US-China trade conflict. Gains across most sectors - led by banking, automobile and energy stocks - pushed the markets higher. The S&P BSE Sensex index rose 254.46 points to touch 41,075.76 at the strongest level during the session, and the broader NSE Nifty benchmark climbed to as high as 12,114.25, up 76.55 points from its previous close. Analysts awaited macroeconomic data due at the end of the week for near-term cues.