The BSE Sensex rose 142.01 points to close at 29,462.27 and Nifty went up 26.20 points to end at 8,895.30 on Thursday.

In early trade, continuing its rising streak for the seventh straight session, the sensex rose 114 points and the NSE Nifty regained the 8,900-level as participants indulged in enlarging positions ahead of Budget.

The 30-share barometer spurted by 114.65 points, or 0.39 per cent, to trade at 29,434.91 with consumer durables, realty, auto, oil & gas and banking sector stocks, leading the rise. The gauge had rallied by 1,092.84 points in previous six sessions.

Similarly, the National Stock Exchange index Nifty regained the 8,900-mark after three weeks by rising 32.60 points, or 0.36 per cent, to 8,901.70.

Meanwhile, domestic currency derivatives markets will remain closed on Thursday on account of ‘Chhatrapati Shivaji Maharaj Jayanti’.