Bombay Stock Exchange"s Sensex closed at 10551.47, up 202.64 points. The index touched an intra-day high of 10654.89 and low of 10410.44.
National Stock Exchange"s Nifty ended at 3261.20 up 50.15 points. The broader index touched a high of 3303.90 and low of 3211.35.
All sectoral indices other than FMCG closed positive. Stocks like metal, capital goods, auto, realty and banks saw heavy buying. While in the global arena, Asian markets closed higher.
Markets breadth positive; realty, banks gain
Taking global cues, the Indian markets are trading stronger. At 10.43 hrs IST, the BSE Sensex and the NSE Nifty were trading above the 10500 mark and the 3250 mark respectively. Good buying interest was seen in realty, metal, banks, power, capital goods, oil & gas and auto stocks.
Stocks like Reliance, Infosys, ITC, Bharti Airtel, ICICI Bank, ONGC, DLF and SBI were the major contributors to the indices.
At 10.43 hrs IST, the Sensex was up 190.81 points or 1.84 per cent at 10539.64, and the Nifty was up 48.25 points or 1.50 per cent at 3259.30.
Indices open green; Nifty tests 3,300
Indian markets opened strong with National Stock Exchange's (NSE) Nifty testing 3,300 level. The Bombay Stock Exchange's (BSE) Sensex was trading over the 10600 mark. Major gainers in the opening trade are HCL Tech, DLF, Axis Bank, HDFC, PNB and Reliance Infra.
At 9.56 hrs IST, the Sensex was up 290 points at 10647, and the Nifty was up 91 points at 3302. The BSE realty index outperformed the other sectoral indices; it was up over 5 per cent. Strong buying interest was also seen in bank metal, power, oil & gas, IT and auto stocks.