The broader indices also participated in the rally; the BSE Midcap Index was up 1.83 per cent and Smallcap up 1.33 per cent.
The markets' positive rally was led by realty, metal, auto, banking and infrastructure.
Total traded turnover was at Rs 90,254.90 crore as against Rs 77,045.23 crore on Monday, Sep 14. This included Rs 16,407.61 crore from the NSE cash segment, Rs 68,394.42 crore from the NSE F&O and the balance Rs 5,452.87 crore from the BSE cash segment.
4: 27 PM
Mkts continue +ve; all sectoral indices green
The markets continue to trade positive and all sectoral indices were in the green. At 1: 34 pm, the Sensex was up 184.16 points or 1.14 per cent at 16398.35, and the Nifty was up 69.05 points or 1.44 per cent at 4877.65.
The broader indices midcap and smallcap were also up 1.50 per cent each.
Top gainers were DLF up 4.22 per cent, Sterlite Ind up 2.72 per cent, Hero Honda up 2.71 per cent, Jaiprakash Asso up 2.69 per cent and Tata Steel up 2.59 per cent.
ITC was trading at Rs 228.15 up 1.56% from its previous close of Rs 224.65.
Among the midcaps, Berger Paints, Sun Pharma Adv, Indian Bank, Essar Shipping and Allahabad Bank were up 6 to 10 per cent, while the gainers on Smallcap were Natco Pharma, Andrew Yule, Ruchinfra, MVL and Numeric Power which surged 9 to 16 per cent.
2: 10 PM
Nifty gains on buying interest across sectors
Markets continue positive. While Nifty extended gains on the back of buying interest across all the sectors, the broader indices were outperforming the benchmarks.
At 10:55 am, the Sensex was up 149 points at 16,364 and the Nifty rose 57 points at 4,865. And all the sectoral indices were in the green.
The BSE Realty and Metal indices shot up 3 per cent and 2 per cent, respectively. Capital Goods, Bank, Auto, Healthcare, Power and Oil & Gas indices were up by 0.7 to 1.6 per cent.
Surging 2 to 5 per cent, DLF, Sterlite Industries, Jaiprakash Associates, Reliance Communication, Hero Honda, Jindal Steel, Unitech and Siemens were the gainers in the largecaps.
Among the midcaps, Sun Pharma Advanced, Anant Raj Industries, Berger Paints, Thomas Cook and Rei Agro went up 5.5 to 9 per cent while HMT, Spice Communication, CRISIL, ICI India and Fortis Health lost 1 to 3 per cent.
In the smallcap arena, Natco Pharma surged 16.94 per cent. Andrew Yule, Ruchi Infra, Panyam Cements and Numeric Power were the other gainers.
However, Geekay Finance, Austral Coke, Cholamandalam, Balmer Invest and Himatsingka Seide dipped 4.5 to 5 per cent.
Asian markets help benchmarks open green
After seeing a disappointing session on Monday, Sep 14, the Indian markets have opened the day on a positive note. The Asian markets are helping the benchmarks. The broader indices are following the suit.
At 9:56 am, the Sensex rose 80 points at 16,293 and the Nifty was up 32 points at 4,840. The CNX Midcap went up 46 points at 6,295 and the BSE Smallcap was up 57 points at 7,190.
The early gainers among the frontliners were Nalco, Sterlite Industries, Jindal Steel & Power, Sun Pharma, DLF, Reliance Infrastructure, Tata Power, M&M, Cipla, BPCL, ICICI Bank and Idea Cellular.
Slipping marginally, Bharti Airtel and HDFC were the only losers.
Among the Midcaps, Lakshmi Vilas Bank was up 10 per cent, Natco Pharma up 15 per cent, Suven Life Sciences was up 5 per cent; Maytas Infra was up 5 per cent; Gujarat NRE Coke was up 4.5 per cent and Bank of India surged 4.5 per cent, and Easter Silk gained 4 per cent,
And Bharat Forge, Nagarjuna Construction and Indiabulls Securities gained over 1.5 per cent.