Markets extend winning streak on back of strong inflows from FIIs

Markets extended their winning streak on Wednesday on the back of strong inflows from foreign institutional investors (FIIs).  The mid- and small-cap indices continued to outperform, as investors lapped up shares. This came after valuations turned attractive, following a year of divergent performance with large-caps. The Sensex rose 194 points, or 0.53 per cent, to end at 36,636. The Nifty50 rose 66 points, or 0.6 per cent, to end at 11,053 — the most since February 6. 

The Nifty Midcap 100 index rose 0.6 per cent to 17,464, the most since January 18. The Nifty Smallcap 100 index gained 0.73 per