MUMBAI: The benchmark Sensex recently extended its winning run to the sixth straight session and soared 311 points to reclaim the 26,000-mark at close as robust earnings from key blue chips boosted investor sentiment.

Improving macroeconomic indicators, monsoon progress and positive global cues have also supported the buoyancy in the domestic markets, brokers said.

This is only the second time in its history that the 30-share BSE Sensex has closed above the 26K level. The index had closed at record 26,100.08 on July 7. Its all-time high, however, is 26,190.44 and was hit on July 8.

Dipen Shah, Head of Private Client Group Research, Kotak Securities, said: “Supportive global markets, slight easing of geo-political tensions and continued optimism on long term growth prospects of the economy helped sentiments. Monsoon has been progressing across India over the past few days. Results, especially from IT majors, have been above estimates.”

The Sensex recently opened higher at 25,784.48 and shot up further to a high of 26,050.38 before ending at 26,025.80, clocking a gain of 310.63 points or 1.21 percent from previous close. In six days, it has rallied over 1,018 points.

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