Mumbai: Markets has managed to extend its recent rally with the BSE Sensex breaching the 19,000 mark and the NSE Nifty breaching the 5,700 mark after a sedate opening. It regained the 19,000 points level after a period of nine weeks on Tuesday, adding 178 points on fresh capital inflows. 

The 30-share index advanced further by 177.66 points to 19,120.80 points, a level last seen on January 23. The barometer had gained 1,100 points in last five sessions.

The broad-based National Stock Exchange index Nifty too rose by 49.10 points to 5,736.35, after touching the day's high of 5,770.35.
 
Crude oil extended losses in New York after Libyan rebels advanced against Muammar Qaddafi's troops, raising speculation the conflict may be resolved soon. The crude fell 0.8 percent to USD 103.18 a barrel.

A dip in oil prices for a fourth day allayed concerns that energy costs will fan inflation, marketmen said.

The auto index was the biggest gainer as stocks of Maruti Suzuki India jumped 3.12 per cent to Rs 1,239.25 and Tata Motors by 1.55 percent to Rs 1,239.20. Hero Honda Motors, the largest motorcycle maker, surged 3.02 percent to Rs 1,546.35 after its founder got approval to raise funds from overseas investors.

Infosys Technologies shot up by Rs 32.50 to Rs 3,172.05.

A heavy inflow of foreign funds kept the market in bullish mood and discounted the weakening Asian trend and lower opening in Europe.

The global funds were more keen in emerging markets, particularly India, where they bought a net Rs 1,520 crore of equities on March 25.

Among other, Bharti Airtel, the biggest mobile phone operator rose for a sixth day as JPMorgan Chase raised its rating on the stock to 'overweight' from 'neutral' and ONGC,
the largest state oil explorer advanced as it won 10 fields in the ninth auction of energy assets.

(Agencies)