Sensex rallies over 200 pts, Nifty50 trades near 8,000

The S&P BSE Sensex rallied over 200 points in morning trade to reclaim its crucial psychological level of 26000, led by gains in L&T, Infosys, Tata Motors, HDFC, and Dr Reddy's Laboratories. The Nifty50 reclaimed its crucial level of 7,950 and was trading near its crucial resistance level of 8000, supported by gains in realty, power, oil & gas, capital goods, and banking stocks.