2.55 PM: Benchmark indices extended rally in afternoon with the Sensex gaining nearly 400 points

Benchmark indices extended rally in afternoon with the Sensex gaining nearly 400 points, driven by banking & financials stocks.

The BSE Sensex climbed 382.30 points or 1.01 percent to 38,191.21 and the Nifty50 was up 115.50 points or 1.02 percent at 11,469.80.

The broader markets also rallied further. The Nifty Midcap and Smallcap indices gained 1 percent each.

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