The 30-share BSE index, which had gained over 263 points in the past two sessions, rallied further by 138.41 points, or 0.80 per cent, to 17,496.35, with all sectoral indices, led by realty and metals, trading in the positive zone with gains of up to 1.12 per cent.
The wide-based National Stock Exchange index Nifty moved up by 39.80 points, or 0.75 per cent, to 5,329.50.
Brokers said sentiment buoyed after RBI slashed short-term lending rate by 0.50 per cent to 8 per cent yesterday and a firming trend on other Asian bourses, following overnight gains on the US market on easing concerns over Europe's debt crisis.
In the Asian region, the Hong Kong's Hang Seng Index rose by 0.94 per cent and Japan's Nikkei Index was up by 1.67 per cent in morning trade today. The US Dow Jones Industrial Average ended 1.50 per cent higher in yesterday's trade. PTI SUN RS KPS DKR
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