The rally in index heavyweight ITC has boosted the sentiment across the board.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
In this industry, a company's strategy needs to be adaptable in order to keep up with the pace of change.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
The Nifty had hit its third successive record high of 7,922.70 today.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Markets end higher ahead of Fed outcome, China stimulus
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
Pad was a moniker for the Premier Padmini, which became the jewel in the crown of the Mumbai-based Walchand Hirachand Group.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.