India, Nov. 11 -- Sensex and Nifty extended their rally on Wednesday, rising over 1% in morning trade, supported by strong foreign fund inflows, easing crude oil prices and better-than-expected corporate earnings.

At 13:48 pm, the BSE Sensex was trading at 81,733.59, up 626.94 points or 0.77%. The NSE Nifty 50 stood at 25,185 . 25, up 140.60 points or 0.56%.

The rally comes after the domestic stock markets remained closed on Tuesday on account of Diwali Balipratipada. Both benchmark indices have now climbed to their highest levels since February 27, marking an eight-month high.

Indian equities have gained significantly in November, with the Nifty 50 and Sensex rising around 10% and 10.5%, respectively, so far this month. Both indices a...