Stock markets settle with gains; logs 4th day of rally

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Equity benchmark indices Sensex and Nifty ended in the green on Thursday, climbing for the fourth straight day, amid fresh foreign fund inflows and intense buying in IT and telecom stocks. Buying in index majors Infosys and Reliance Industries added to the optimism in the equity market. The 30-share BSE Sensex climbed 348.80 points or 0.58 per cent to settle at 60,649.38. During the day, it jumped 397.73 points or 0.65 per cent to 60,698.31.

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