India, May 15 -- The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.

Gains in industrials, communications, utilities, consumer, materials, real estate sectors contribute to market's upside. Several stocks from the financial sector have also moved higher.

Energy stocks are down, weighed down by weak oil prices.

The benchmark S&P/TSX Composite Index was up 151.65 points or 0.59% at 25,844.10 a little while ago. The index now looks well on course to move past the record high of 25,875.61 it touched in Janu...