Mumbai: The benchmark Sensex today surged by 272 points to a six-week high of 16,949.83 points on strong hopes that central banks worldwide, including RBI, are likely take concerted steps to contain damages in case Greece exits Eurozone.

Interest rate sensitive auto, banking and realty stocks drove the key index up by 271.95 points or 1.63 per cent to log the second straight week of gains.