The BSE Sensex continued its rally by gaining over 200 points in morning trade on Monday.
Major gainers in the morning trading session were ICICI Bank, Lupin, Infosys, HDFC, and Reliance Industries.
The Nifty50 reclaimed its crucial resistance level of 8,500 supported by gains in realty, power, oil & gas, metal, consumer durable, and banking stocks.
The 30-share index was trading 221 points higher or 0.81 per cent at 27,495. The S&P BSE Midcap Index was up 1.2 per cent and BSE S&P Smallcap Index was trading 1.6 per cent higher.
The S&P BSE Midcap Index was up 1.2 per cent and BSE S&P Smallcap Index was trading 1.6 per cent higher.