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The S&P BSE Sensex rallied as much as 402 points in trade on Friday to hit its fresh lifetime high of 29408.73, as sentiment in global markets turned bullish after the European Central Bank announced it will buy bonds worth 60 billion euros per month to stimulate sagging economy.

At 09:45 a.m.; the 30-share index was at 29,367.43, up 361 points or 1.24 per cent. It touched an all-time high of 29,408.73 and a low of 29,189.33 in early trade.

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