Zee Media Bureau
The benchmark BSE Sensex climbed over 300 points in afternoon trade Thursday, extending its winning streak to the fifth straight day.
This came on the back of continued buying by participants amid a mixed trend in global markets after the US Fed kept its near-zero benchmark interest rate unchanged.
Besides, strengthening of the rupee against the dollar supported the rally.
The 30-share index surged 322.86 points, or 1.20 percent to 27,155.52 after moving in range of 27,175.39-26,910.26.
The gauge had gained 461.68 points in the past four straight sessions.
Also, the NSE index Nifty gained back the 8,100 mark by surging 71.05 points, or 0.88 percent, at 8,162.60.
Brokers said a mixed trend in Asian markets, tracking overnight gains in US bourses after the US Fed kept its near-zero benchmark interest rate unchanged and Chairman Janet Yellen pledged a methodical approach to rate increase, influenced sentiment here.
Furthermore, above-normal monsoon so far and narrowing of the country's trade deficit perked up mood, they said.
With Agency Inputs
