The Bombay Stock Exchange benchmark Sensex spurted by 928 points on Tuesday on aggressive buying by funds amid squaring up of pending positions by brokers ahead of March derivative expiry.
The Sensex, which gained nearly 295 points in previous day's trading, spurted further to record a handsome gain of 928.09 points at 16,217.49.
Similarly the wide-based National Stock Exchange index, Nifty, shot up by 267.75 points at 4,877.50 as heavy-weight stocks such as Reliance Industries, Infosys Technologies, Tata Steel and State Bank of India recorded substantial gains. The surge in sto cks was partly supported by reports of a firming trend in global stock markets, marketmen said.
Jaiprakash Associates zoomed over 16% to Rs 233.
DLF and Reliance Energy soared around 13% each to Rs 679 and Rs 1,300, respectively.
Infosys surged 9.7% to Rs 1,493.
ICICI Bank rallied 9.3% to Rs 880, and Wipro added 9% to Rs 435.
HDFC gained 8.6% at Rs 2,590. BHEL and ONGC moved up around 7.5% each to Rs 2,013 and Rs 1,075, respectively.
Tata Steel advanced 7% to Rs 634.
TCS gained 6.4% at Rs 876.
Hindalco and HDFC Bank rallied 6% each to Rs 163 and Rs 1,418, respectively.
Reliance Communications and SBI gained 5.8% each at Rs 538 and Rs 1,740, respectively.
Reliance and Satyam were up over 5% each at Rs 2,314 and Rs 411, respectively.
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