Indian equities continue to rally in noon trade on Thursday on strong overseas inflows after the US Federal Reserve maintained zero interest rates stance. At 1.58 p.m., the Sensex was trading up 417.92 points or 1.57% at 27,049.21 with 27 components gaining. Meanwhile, the Nifty was trading higher by 130.70 points or 1.64% at 8,106.20 with 47 components gaining.

Realty stocks gained the most with a rise of 3.99% followed by Capital Goods (2.40%), Consumer Durables (2.30%) and Auto (2.02%). Hero Motocorp, HDFC, Tata Motors and Wipro were major gainers in the Sensex pack. On the other hand, HUL, Infosys and SSTL were top losers in the benchmark index.

Shares of Larsen & Toubro (L&T), Sun Phrama and Suzlon Energy are active in the day's trade. L&T registered a rise in share prices by 2.76% after the company's  subsidiary L&T Oman LLC has won an order from the ministry of defense, Sultanate of Oman against stiff international competition for the construction of Adam Air base.

Sun Pharmaceutical Industries registered a sharp rise in share prices by 1.54% today after the company and Merck & Co through their respective subsidiaries, announced an exclusive worldwide licensing agreement for Merck's investigational therapeutic antibody candidate, Tildrakizumab (MK-3222). Sun has made upfront payment of USD 80 million.

Suzlon Energy witnessed a rise of 3.66% in share prices after it has successfully completed the production of its first blade for its best in class S111 2.1 MW turbine.