(Updates at 10:36 a.m. IST)

By Manvi Pant

BENGALURU, Sept 24 (Reuters) -

Indian shares reached new record highs for the fourth

consecutive session on Tuesday, driven by last week's U.S.

interest rate cut and supported by gains in domestic

commodities-linked firms after China announced new stimulus

measures.

The benchmark Nifty 50 and S&P BSE Sensex

hit record highs at 25,956.45 points and 84,983.77,

respectively, rising 0.1% each as of 10:36 a.m. IST.

The indexes, which opened briefly lower, have scaled

all-time peaks everyday since the Fed cut rates by 50 basis

points on Sept. 18.

Six of the 13 major sectors logged gains, with Nifty metal

and Nifty energy emerging as the top

percentage gainers, rising 2.3% and 0.8%, respectively.

China's top financial regulators rolled-out a slew of

measures, saying it would cut bank reserves by 50 basis points

while reducing mortgage rates to try to spur sluggish economic

growth.

A slow Chinese economy results in dumping of metals and

other commodity products in global markets, making any stimulus

from China favorable for commodity product companies said Samrat

Dasgupta, CEO of Esquire Capital Investment Advisors.

Meanwhile, information technology and

consumer goods stocks dropped 0.6% and 0.3%,

respectively, and were the top losers among sub-indexes.

Among individual stocks, Reliance Power surged

an exchange-allowed maximum of 5% as it plans to raise up to

15.25 billion rupees in a bid to reduce debt and expand

business.

AstraZeneca Pharma India jumped about 11% after

India government gave a nod to import Durvalumab drug, used in

treatment of liver and gall bladder cancers.

($1 = 83.5300 Indian rupees)