Nifty breaches 6,000 for first time since Jan 2011
Banking shares led the gainers as hopes of a January rate cut gathered steam. ICICI Bank (ICBK.NS) rose 0.9 percent, while State Bank of India rose 1.3 percent.
The Nifty was up 0.8 percent as of 11:23 a.m., after earlier rising to as high as 6,000.50 points, trading above that key psychological level for the first time since January 7, 2011.
The benchmark 30-stock BSE Sensex rose 0.79 percent.