After logging 576 points in Wednesday’s trade, Sensex extended gains and surged 486 points on Thursday as participants indulged in buying valuable stocks at attractive valuations.
Rise in crude oil prices, expectation of above normal monsoon and better than expected corporate results this quarter pulled Nifty above the crucial 8,050 mark.
Meanwhile, stellar results posted by L&T indicated signs of improvement in the Indian economy further boosting sentiments.
Traders rolled over positions in the futures & options segment from the near-month May series to June series.
