Extending gains for the second session, benchmark Nifty surged 103 points to end at 9,897.30 today on good buying in FMCG, PSU bank, metal and auto sectors amid positive global cues.
European stocks were trading higher in their afternoon trade. Key indices in France, Germany and UK rose up to 0.98 per cent.
In the US, the main benchmarks ended little changed overnight amid better-than-expected retail sales data and an abatement of tensions between the US and North Korea.
The NSE Nifty opened higher at 9,825 85 and moved in a range of 9,903.95 and 9,773.85 before ending at 9,897.30, showing a gain of 103.15 points or 1.05 per cent.
The Nifty has gained 186.50 points or 1.92 per in two trading days.
Nifty FMCG rose by 2.51 per cent, followed by PSU Bank 2.10 per cent, Metal 1.72 per cent, Auto 1.68 per cent, Financial Services 1.38 per cent, Bank 1.34 per cent and Pharma 1.16 per cent.
