Sensex rallies for 4th day, climbs over 500 pts to reclaim 61K-level on earnings optimism

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The BSE gauge Sensex surged over 500 points to recapture the key 61,000-level on Wednesday as participants pinned hopes on robust quarterly results by companies.

 Extending its winning run for the fourth straight session, the 30-share Sensex settled 533.15 points or 0.88 per cent higher at 61,150.04. Intra-day, the index touched its highest point at 61,218.19.  Similarly, the NSE benchmark Nifty climbed 156.60 points or 0.87 per cent to end at 18,212.35. On the Sensex chart, M&M, Bharti Airtel, RIL, IndusInd Bank, ICICI Bank and Tata Steel were among major gainers -- rising as much as 4.68 per cent. In contrast, TCS, Titan, HDFC Bank, Tech Mahindra, Wipro and Nestle closed in the red, shedding up to 1.50 per cent.            

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