Markets climb for 4th day; Sensex rallies 350 pts to reclaim 63,000-mark

Benchmark equity indices ended with gains on Wednesday, logging their fourth day of rally amid fresh foreign fund inflows and a mixed trend in global markets.

The gains in metal, realty, oil & gas and industrials stocks also supported the market's rally.

Rising for the fourth straight session, the 30-share BSE Sensex climbed 350.08 points or 0.56 per cent to settle at 63,142.96. During the day, it jumped 403.55 points or 0.64 per cent to 63,196.43.

The NSE Nifty advanced 127.40 points or 0.68 per cent to end at 18,726.40.

From the Sensex pack, Nestle, Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were the major gainers.

Kotak Mahindra Bank, Maruti, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were the laggards.

In Asian markets, Seoul, Shanghai and Hong Kong ended in the green, while Tokyo settled lower.