Mumbai: The National Stock Exchange (NSE) benchmark Nifty extended its gains after opening in the green and hit 25,000 in mid-session on Monday.

It is the eighth-consecutive session when the Nifty is trading with gains.

At 1:10 P.M., Nifty was at 25,025, up 201 points or 0.81 percent and the Sensex was up 671 points or 0.83 percent at 81,757.

Indian equity indices are following US market gains after Federal Reserve Chair Jerome Powell’s dovish commentary at the Jackson Hole which hinted at a likely rate cut in September.

Among the sectoral indices, Nifty IT gained the most, up by 1.49 percent. Fin service, FMCG, realty, metal, energy and auto were the major gainers.

PSU banks and pharma were major laggards.

In the Sensex pack, NTPC, HCL Tech, Wipro, Bajaj Finserv, Tech Mahindra, HDFC Bank, TCS, Infosys, Reliance, L&T, Power Grid and Titan were top gainers.

Ultratech Cement, Maruti Suzuki and Sun Pharma were the top losers.