Stock: In a holiday-shortened week, markets ended in the green for the fourth consecutive week following stronger-than-expected earnings from Reliance Industries, coupled with positive global markets triggered by the prospects of more stimulus for the euro zone economy from the European Central Bank.
Persistent foreign capital inflows also boosted sentiment.
Shares of IT, technology, FMCG and power sectors firmed up on good buying enquiries.
The Sensex resumed higher at 27,305.62 and hovered in a range of 27,555.06 and 27,190.55 before ending at 27,470.81, showing a gain of 256.21 points, or 0.94 per cent.
It has jumped 1,670.31 points, or 6.21 per cent, during the four weeks.
The 50-share Nifty also rose by 57.30 points, or 0.70 per cent, to 8,295.45. It has gained by 426.95 points, or 5.43 per cent, in four weeks.
Stronger-than-expected second quarter results from RIL, India's second-biggest company in terms of market capitalisation, added to modest gains on the first trading session of the week on Monday.
After the conclusion of the European Central Bank's (ECB) monetary policy meeting on Thursday, ECB President Mario Draghi indicated at a press conference that the Central bank could move next month to expand stimulus measures which cheered investors.
"Markets surged in line with its global partners which shot up on the back of stimulus hopes... A strong set of corporate earnings and Moody's forecast of strong growth in India in 2015-16 boosted mood," said Gaurav Jain, Director, Hem Securities.
