Mumbai: The BSE Sensex rebounded 279 points while the NSE Nifty reclaimed the 11,250 level Thursday, propelled by gains in IT and financial stocks amid mixed global cues.

Both the key indices rallied in the last hour of trade after trading on a tepid note through most part of the day. The 30-share BSE benchmark closed 278.60 points, or 0.75 pc, higher at 37,393.48. It hit an intra-day high of 37,518.94 and a low of 37,052.30.

Similarly, the broader Nifty rose 100.10 points, or 0.90 pc, to settle at 11,257.10. During the day, it hit a high of 11,281.55 and a low of 11,143.35.