The benchmark BSE Sensex extended its rally and gained over 260 points in early trade on the Bombay Stock Exchange on Tuesday on sustained buying by funds in heavy-weight stocks.
The BSE-30 index, which crossed 20,000 level on Monday, resumed its upward march and added 260.49 points at 20,238.16 in the first five minutes of trading, particularly in capital goods and metal sector stocks.
However, the index later fell to 19,860.83.
Similarly, the wide-based National Stock Exchange's index Nifty gained 65.80 points at 5,971.70.
Both the key indices opened to record levels ahead of the RBI's credit policy review later today.