Sensex up 123.58 pts; Nifty takes winning run to seventh day

Benchmark BSE Sensex climbed 123 points while broader Nifty settled above 25,000 on Thursday, tracking a rally in global peers amid Fed rate cut hopes.

- PTI

Rallying for the fourth day in a row, the 30-share Sensex climbed 123.58 points or 0.15 per cent to settle at 81,548.73. During the day, it rallied 217.07 points or 0.26 per cent to 81,642.22.

The 50-share NSE Nifty rose by 32.40 points or 0.13 per cent to close at a nearly three-week high of 25,005.50, marking its seventh consecutive day of gains. Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers.