Shares rose for a fourth day, set for the longest winning streak in six weeks, buoyed by Infosys after the company diffused a quarrel between founders and its board.
The benchmark BSE Sensex on Monday rallied nearly 155 points to extend gains for the fourth session in a row on buying in IT, FMCG, auto and pharma stocks. The broader NSE Nifty reclaimed the key 9,900-mark propelled by gains in Infosys, Sun Pharma, Hindustan Unilever, Hero MotoCorp and IndianOil. The 30-share Sensex opened higher at 31,756.87 and advanced further to hit a high of 31,809.70 on unabated buying by domestic investors.