Benchmarks build on gains amid F&O expiry; Reliance Industries leads charge

The Sensex surged past 51,000 points while the Nifty reclaimed the 15,000-mark on Thursday as indices darted up for the third straight session amid expiry of monthly derivative contracts and bullish global equities.

A whopping increase in FPI inflows also boosted risk appetite, traders said. Foreign institutional investors purchased shares worth a net Rs 28,739.17 crore on Wednes­day, according to exchange data.

Global markets followed Wall Street higher after US Federal Reserve Chair Jerome Powell said policy rates could remain low for years, calming inflation concerns.

The 30-share BSE Sensex spu­rted 257.62 points or 0.51 per cent to finish at 51,039.31. Similarly, the