Benchmark indices extended the gains with Nifty reclaimed 11,700 and Sensex trading above 38,900 level

At 11:54 hrs IST, the Sensex is up 1,029.60 points or 2.71% at 38960.37, and the Nifty up 302.20 points or 2.65% at 11709.40. About 1743 shares have advanced, 481 shares declined, and 113 shares are unchanged.