Markets rise for seventh day in a row, Sensex climbs 137 points to 36,484

The Nifty 50 Index was up 0.54%, or 59 points, to 10,967

The benchmark indices climbed for a seventh session in a row after a sharp decline in oil prices and amid optimism that policy makers will move to stimulate the economy, including cutting the sales tax for a number of products.

The Sensex climbed 0.4 per cent, or 137 points, to 36,484, adding to a 4 per cent gain over the past six days and on course for its longest stretch of advances since July. The Nifty 50 Index climbed 0.54 per cent, or 59 points, to 10,967.

Investor confidence was buoyed in sectors from cement to consumer goods after Prime Minister Narendra