The benchmark BSE Sensex on Wednesday rose over 212 points in early trade on the last trading session of the Samvat Year 2070, extending gains for the fourth straight day on increased capital inflows amid the government announcing a slew of economic reforms.
Further, a firming trend in global markets also buoyed trading sentiments.
The 30-share index surged by 212.76 points, or 0.80 per cent, to 26,788.41 with auto, capital goods, healthcare, power and metal sector stocks leading the rally.
The Sensex had gained 576.31 points in the last three sessions. In a similar fashion, the broad-based National Stock Exchange index Nifty shot up by 60.45 points, 0.76 per cent, to 7,988.20.
Brokers said sentiments remained upbeat and capital inflows picked up after the government announced reforms in the oil and gas and coal sectors.